Company: FCNCB
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000798941-25-000010
Chunk: 204

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 204
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77 — 77 — Residential mortgage-backed securities15,620 — 15,620 — Commercial mortgage-backed securities3,666 — 3,666 — Corporate bonds467 — 299 168 Municipal bonds17 — 17 — Total investment securities available for sale$33,750 $— $33,582 $168 Marketable equity securities101 48 53 — Loans held for sale55 — 55 — Derivative assets (1)Total qualifying hedge assets$1 $— $1 $— Interest rate contracts — non-qualifying hedges$491 $— $490 $1 Foreign exchange contracts — non-qualifying hedges152 — 152 — Other derivative contracts — non-qualifying hedges16 — — 16 Total non-qualifying hedge assets$659 $— $642 $17 Total derivative assets$660 $— $643 $17 LiabilitiesDerivative liabilities (1)Interest rate contracts — qualifying hedges$— $— $— $— Interest rate contracts — non-qualifying hedges$516 $— $516 $— Foreign exchange contracts — non-qualifying hedges108 — 108 — Other derivative contracts — non-qualifying hedges1 — — 1 Total non-qualifying hedge liabilities$625 $— $624 $1 Total derivative liabilities$625 $— $624 $1 December 31, 2023TotalLevel 1Level 2Level 3AssetsInvestment securities available for saleU.S. Treasury$10,508 $— $10,508 $— Government agency117 — 117 — Residential mortgage-backed securities6,686 — 6,686 — Commercial mortgage-backed securities2,131 — 2,131 — Corporate bonds482 — 325 157 Municipal bonds12 — 12 — Total investment securities available for sale$19,936 $— $19,779 $157 Marketable equity securities84 36 48 — Loans held for sale38 — 38 — Derivative assets (1)Interest rate contracts — qualifying hedges