Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 408

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 408
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 2025Six Months Ended June 30, 2025Class A common stock shares outstanding at beginning of period12,409,753 12,712,436 Shares repurchased under authorized repurchase plan(338,959)(641,642)Class A common stock shares outstanding at end of period12,070,794 12,070,794 

We also had 1,005,185 Class B common stock outstanding at June 30, 2025 and December 31, 2024.

We are committed to effectively managing our capital to protect our depositors, creditors and stockholders. We continually monitor the capital levels and ratios for BancShares and FCB to ensure they exceed the minimum requirements imposed by regulatory authorities and to ensure they are appropriate given growth projections, risk profile and potential changes in the regulatory or external environment. Failure to meet certain capital requirements may result in actions by regulatory agencies that could have a material impact on our operations or consolidated financial statements.

101

In accordance with GAAP, the unrealized gains and losses on certain assets and liabilities, net of deferred taxes, are included in accumulated other comprehensive loss within stockholders’ equity. These amounts are excluded from the calculation of our regulatory capital ratios under current regulatory guidelines.

Table 53

Analysis of Capital Adequacy 

dollars in millionsBasel III RequirementsPCA Well Capitalized ThresholdsJune 30, 2025March 31, 2025December 31, 2024AmountRatioAmountRatioAdjusted Ratio (1)AmountRatioAdjusted Ratio (1)BancSharesRisk-based capital ratiosTotal risk-based capital10.50 %10.00 %$24,713 14.25 %$25,071 15.23 %14.49 %$24,610 15.04 %14.27 %Tier 1 risk-based capital8.50 8.00 21,896 12.63 21,970 13.35 12.70 22,137 13.53 12.84 Common equity Tier 17.00 6.50 21,015 12.12 21,089 12.81 12.19 21,256 12.99 12.33 Tier 1 leverage ratio4.00 5.00 21,896 9.62 21,970 9.75      n/a (2)22,137 9.90 n