Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 363

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 363
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AA” discussion in the “Non-GAAP Financial Measurements” section of this MD&A for further information.

The following table shows the types of average interest-earning assets as a percentage of total average interest-earning assets.  

Table 8Average Interest-earning Asset Mix

Three Months EndedNine Months EndedSeptember 30, 2025June 30,2025September 30, 2024September 30, 2025September 30, 2024Loans and leases67 %68 %68 %68 %67 %Investment securities21 21 19 21 18 Interest-earning deposits at banks12 11 13 11 15 Total interest-earning assets100 %100 %100 %100 %100 %

71

The following table shows the types of average interest-bearing liabilities as a percentage of total average interest-bearing liabilities.  

Table 9Average Interest-bearing Liability Mix

Three Months EndedNine Months EndedSeptember 30, 2025June 30,2025September 30, 2024September 30, 2025September 30, 2024Total interest-bearing deposits76 %76 %75 %76 %75 %Long-term borrowings24 24 25 24 25 Total interest-bearing liabilities100 %100 %100 %100 %100 %

Provision for Credit Losses

Table 10Provision for Credit Losses

dollars in millionsThree Months EndedIncrease (Decrease) from Linked QuarterNine Months EndedIncrease (Decrease)Year to DateSeptember 30, 2025June 30, 2025September 30, 2024September 30, 2025September 30, 2024Provision for loan and lease losses$214 $111 $123 $103 94 %$473 $311 $162 52 %Provision (benefit) for off-balance sheet credit exposure(23)4 (6)(27)(614)(13)(35)22 63 Provision for credit losses$191 $115 $117 $76 66 %$460 $276 $184 67 %

The provision for credit losses for the current quarter was $191 million, an increase of $76 million, from $115 million for the linked quarter. The current quarter provision for credit losses included a provision for loan and lease