Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 244

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 244
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 available cash and HQLS. At September 30, 2025 we had $61.92 billion of high-quality liquid assets (26.5% of total assets) and $31.35 billion of contingent liquidity sources available. Some of the more significant changes from December 31, 2024 included higher available cash level, due in part from deposit growth, maturing investment securities, and funds received in connection with the 2025 Debt Issuances. Also, we increased our borrowing capacity under agreements with the FRB through expansion of the eligible loan population to targeted loans historically not pledged to the FRB. As noted below, the draw period under the Advance Facility Agreement with the FDIC ended March 27, 2025, as of which date, FCB had no outstanding amounts under the facility. 

100

Table 49Liquidity

dollars in millionsSeptember 30, 2025June 30, 2025December 31, 2024Available cash$23,917 $25,332 $20,545 High-quality liquid securities (1)38,007 38,284 38,794 High-quality liquid assets$61,924 $63,616 $59,339 Current Capacity (2) of Credit Facilities:FHLB facility (3)$18,022 $17,852 $16,423 FRB facility13,328 10,561 5,475 FDIC facility (4)— — 5,291 Line of credit— 100 100 Total contingent sources$31,350 $28,513 $27,289 Total liquid assets and contingent sources$93,274 $92,129 $86,628 Total uninsured deposits$59,746 $57,805 $59,510 Coverage ratio of total liquid assets and contingent sources to uninsured deposits156 %159 %146 %

(1)    Consists of readily marketable, unpledged securities, as well as securities pledged but not drawn against at the FHLB and available for sale, and generally is comprised of U.S. Treasury and U.S. agency investment securities held outright or via reverse repurchase agreements.

(2)    Current capacity is based on the amount of collateral pledged and available for use at September 30, 2025, June 30, 2025 and December 31, 2024.

(3)