Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 259

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 259
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-based capital ratios exclude the favorable impact of the Shared-Loss Agreement and are meaningful metrics as these ratios are expected to decrease in future periods.

The following table reconciles the Shared-Loss Agreement impact to the total risk-based, CET1 and tier 1 capital ratios of BancShares and FCB:

Table 58Adjusted Risk-Based Capital Ratios

December 31, 2024BancSharesFCBRisk-weighted assets (GAAP)a$163,615 $163,493 Plus: impact of FDIC Shared-Loss Agreement8,813 8,813 Adjusted risk-weighted assets (non-GAAP)b$172,428 $172,306 Total Risk-Based Capital RatioTotal risk-based capitalc$24,610 $23,975 Total risk-based capital ratio (GAAP)c/a15.04 %14.66 %Less: impact of FDIC Shared-Loss Agreement0.77 0.75 Adjusted total risk-based capital ratio (non-GAAP)c/b14.27 %13.91 %CET1 Capital RatioCET1 capitald$21,256 $21,852 CET1 capital ratio (GAAP)d/a12.99 %13.37 %Less: impact of FDIC Shared-Loss Agreement0.66 0.69 Adjusted CET1 capital ratio (non-GAAP)d/b12.33 %12.68 %Tier 1 Risk-Based Capital RatioTier 1 risk-based capitale$22,137 $21,852 Tier 1 risk-based capital ratio (GAAP)e/a13.53 %13.37 %Less: impact of FDIC Shared-Loss Agreement0.69 0.69 Adjusted tier 1 risk-based capital ratio (non-GAAP)e/b12.84 %12.68 %   

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Forward-Looking Statements 

Statements in this Quarterly Report on Form 10-Q contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans, asset quality, future performance, and other strategic goals of BancShares. Words such as “anticipates,” “believes,” “estimates,” “expects,” “predicts,” “forecasts,” “intends,” “plans,” “projects,” “targets,” “designed,” “could,” “may,” “should,” “will,” “potential,” “continue,”