Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 365

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 365
---
 the linked quarter as further discussed in the “ALLL Methodology” section of this MD&A, partially offset by the impact of loan growth.

•The benefit for off-balance sheet credit exposure for the current YTD was $13 million, a decrease of $22 million, compared to $35 million for the prior YTD. The lower benefit of $22 million was mostly due to trends in the volume of unfunded commitments, partially offset by a modest shift in our weighting from the downside to baseline economic scenario in the linked quarter as further discussed in the “ALLL Methodology” section of this MD&A.

The ALLL and net charge-offs are further discussed in the “Risk Management—Credit Risk” section of this MD&A and in Note 5—Allowance for Loan and Lease Losses.

72

Noninterest Income

The primary sources of noninterest income consist of rental income on operating lease equipment, lending-related fees, deposit fees and service charges, client investment fees, wealth management services, international fees, factoring commissions, cardholder and merchant services, and insurance commissions.  

Table 11Noninterest Income

dollars in millionsThree Months EndedIncrease (Decrease) from Linked QuarterNine Months EndedIncrease (Decrease)Year to DateSeptember 30, 2025June 30, 2025September 30, 2024September 30, 2025September 30, 2024Rental income on operating lease equipment$273 $272 $262 $1 — %$815 $776 $39 5 %Lending-related fees67 69 67 (2)(3)202 189 13 7 Deposit fees and service charges61 59 57 2 3 178 172 6 4 Client investment fees58 52 55 6 13 163 159 4 2 Wealth management services57 55 54 2 3 168 157 11 7 International fees34 33 29 1 4 99 86 13 15 Factoring commissions18 18 19 — — 53 55 (2)(3)Cardholder services, net39 41 42 (2)(6)121 122 (1)(1)Merchant services, net12 13 12 (1)(6)39 36 3 7 Insurance commissions13 14 14 (1