Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 13

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 2
Chunk 13
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 funding at September 30, 2025. The following table summarizes the composition, average size and uninsured percentages of our deposits:

Table 2Select Deposit Data

Deposits as of September 30, 2025Ending Balance (in millions)Average Size     (in thousands)Uninsured %General Bank segment$74,596 $3736 %Commercial Bank segment2,978 62482SVB Commercial segment39,891 56268Corporate and Rail segment (1)45,725 598Total$163,190 5737

(1) The average size is reflective of the Direct Bank deposits and excludes brokered deposits and rail.

The General Bank segment mainly includes deposits in our Branch Network, which deploys a relationship-based approach to deposit gathering. The Commercial Bank segment includes deposits of commercial customers, and the SVB Commercial segment includes deposits related to its commercial customer base. Deposits in Corporate mainly included $45.15 billion in our Direct Bank, with the remainder including brokered and other deposits. 

As displayed in the table above, the average size of deposits varies across our business segments. The uninsured percentage is the percentage of uninsured deposits to total deposits at period end for the respective segments and Corporate. Total uninsured deposits were approximately $59.75 billion or 37% of total deposits at September 30, 2025 and $59.51 billion or 38% at December 31, 2024. 

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Table 3Deposit Trends

dollars in millionsDeposit BalanceSeptember 30, 2025June 30,2025December 31,2024General Bank segment$74,596 $73,499 $72,956 Commercial Bank segment2,978 2,899 3,502 SVB Commercial segment39,891 37,798 36,524 Corporate and Rail segment45,725 45,739 42,247 Total deposits$163,190 $159,935 $155,229 

Deposit trends for the segments and Corporate at September 30, 2025 compared to December 31, 2024 are discussed below:

•Corporate deposit growth of $3.49 billion was mainly in the Direct Bank, which consists primarily of savings accounts.

•SVB Commercial segment deposits increased $3.37 billion, despite the strategic decision to move $2.4 billion in select cash sweep deposits to off-balance sheet client funds during the