Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 65

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 65
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 38

Non-Performing Assets

dollars in millionsJune 30, 2025March 31, 2025December 31, 2024Nonaccrual loans:Commercial loans$1,107 $1,010 $1,003 Consumer loans212 196 181 Total nonaccrual loans1,319 1,206 1,184 Other real estate owned and repossessed assets103 105 64 Total nonperforming assets$1,422 $1,311 $1,248 ALLL to total loans and leases1.18 %1.19 %1.20 %Ratio of total nonperforming assets to total loans, leases, other real estate owned and repossessed assets1.01 0.93 0.89 Ratio of nonaccrual loans and leases to total loans and leases0.93 0.85 0.84 Ratio of ALLL to nonaccrual loans and leases126.75 139.25 141.58 

Nonaccrual loans and leases at June 30, 2025 were $1.32 billion, representing increases of $135 million and $113 million compared to December 31, 2024 and March 31, 2025, respectively, mainly due to one individually evaluated nonaccrual credit in the commercial and industrial loan class (and the SVB Commercial segment).

OREO and repossessed assets were $103 million at June 30, 2025 compared to $64 million at December 31, 2024 and $105 million at March 31, 2025. The increase of $39 million compared to December 31, 2024 mainly reflects additional foreclosed CRE properties.

Delinquencies

Accruing loans 30 days or more past due were 0.52% of total loans at June 30, 2025, compared to 0.54% at December 31, 2024 and  0.73% at March 31, 2025. Delinquency status by loan class is presented in Note 4—Loans and Leases.  

92

CRE Portfolio

Our CRE portfolio is diversified across various property types. The following table provides an overview of the property type exposures within our CRE portfolio: 

Table 39

Commercial Real Estate Portfolio (1)

dollars in millionsJune 30,