Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 150

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 150
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 available for sale$119 $(30)$89 $(30)$8 $(22)Defined benefit pension items:Other comprehensive loss for defined benefit pension items$(4)$1 $(3)$(10)$2 $(8)Unrealized gain on cash flow hedge derivatives:AOCI activity before reclassifications$— $(1)$(1)$3 $(1)$2 Amounts reclassified from AOCI to earnings(1)1 — — — — Interest and fees on loansOther comprehensive (loss) income on cash flow hedge derivatives$(1)$— $(1)$3 $(1)$2 Total other comprehensive income (loss)$114 $(29)$85 $(37)$9 $(28)dollars in millionsSix Months Ended June 30,20252024PretaxIncome TaxesNet of Income TaxesPretaxIncome TaxesNet of Income TaxesIncome Statement Line ItemsUnrealized loss on securities available for sale:Other comprehensive income (loss) on securities available for sale$441 $(113)$328 $(154)$41 $(113)Defined benefit pension items:Other comprehensive loss for defined benefit pension items$(4)$1 $(3)$(10)$2 $(8)Unrealized gain on cash flow hedge derivatives:AOCI activity before reclassifications$12 $(3)$9 $3 $(1)$2 Amounts reclassified from AOCI to earnings(4)1 (3)— — — Interest and fees on loansOther comprehensive income on cash flow hedge derivatives$8 $(2)$6 $3 $(1)$2 Total other comprehensive income (loss)$445 $(114)$331 $(161)$42 $(119)

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NOTE 14 — EARNINGS PER COMMON SHAREThe following table sets forth the computation of the basic and diluted earnings per common share:Earnings per Common Share dollars in millions, except per share dataThree Months Ended June 30,Six Months Ended June 30,2025202420252024Net income$575 $707 $1,058 $1,438 Preferred stock dividends14 16 29 31 Net income available to common stockholders$561 $691 $1,029 $1,407 Weighted average common shares outstandingBasic shares outstanding13,237,226 14,534,499 13,405,295 14,533,900 Stock-based awards—