Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 233

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 233
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17 %$53 1.03 %Owner occupied commercial mortgage52 0.30 53 0.31 51 0.30 Non-owner occupied commercial mortgage333 2.13 318 1.98 340 2.10 Commercial and industrial768 1.87 781 1.92 768 1.88 Leases34 1.65 36 1.75 36 1.80 Global fund banking61 0.19 80 0.28 75 0.27 Investor dependent201 7.24 177 6.37 195 6.10 Total commercial1,524 1.31 1,512 1.34 1,518 1.35 ConsumerResidential mortgage69 0.30 89 0.39 85 0.37 Revolving mortgage22 0.78 19 0.70 21 0.83 Consumer auto10 0.66 9 0.63 5 0.35 Consumer other27 2.54 43 4.32 47 4.75 Total consumer128 0.45 160 0.56 158 0.56 Total ALLL$1,652 1.14 %$1,672 1.18 %$1,676 1.20 %

The ALLL may vary significantly from period to period due to changes in economic conditions, economic forecasts and the composition and credit quality of the loan and lease portfolio, and the related impacts on the ALLL models. We continuously monitor and update our ALLL estimation methodology, as appropriate. During the current quarter, we updated our PD, LGD, and exposure at default methodology for the global fund banking, investor dependent, residential mortgage, and consumer other portfolios, which contributed to the changes in the ALLL compared to the linked quarter for those portfolios.

Credit Metrics

Nonperforming Assets

Nonperforming assets include nonaccrual loans and leases, other real estate owned (“OREO”) and repossessed assets. Accounting policies related to nonperforming assets are discussed in Note 1—Significant Accounting Policies and Basis of Presentation in the 2024 Form 10-K.  

Table 38Non-Performing Assets

dollars in millionsSeptember 30, 2025June 30, 2025December 31,