Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 83

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 83
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 957 (64)16 (80)Borrowings:Securities sold under customer repurchase agreements428 370 58 16 0.52 0.57 (5)1 1 — — — Senior unsecured borrowings169 59 110 189 4.88 4.44 442 1 1 1 — Subordinated debt959 845 114 14 3.36 2.75 618 6 2 1 1 Other borrowings35,842 35,818 24 — 3.66 3.66 —328 327 1 1 — Long-term borrowings36,970 36,722 248 1 3.66 3.64 2338 334 4 3 1 Total borrowings37,398 37,092 306 1 3.62 3.61 1339 335 4 3 1 Total interest-bearing liabilities$154,622 $151,657 $2,965 2 3.22 3.39 (17)$1,232 $1,292 $(60)$19 $(79)Noninterest-bearing liabilities$48,370 $49,451 $(1,081)(2)Stockholders' equity22,457 22,598 (141)(1)Total liabilities and stockholders’ equity$225,449 $223,706 $1,743 1 Net interest spread(2)2.46 %2.44 %2Net interest margin and net interest income (2)3.26 %3.32 %(6)$1,663 $1,709 $(46)

(1)     Loans and leases include nonaccrual loans and loans held for sale. Interest income on loans and leases includes accretion income and loan fees. 

(2)    The average balances and yields for loans and leases are calculated net of average credit balances of factoring clients to appropriately reflect the interest-earning portion of factoring receivables.

63

NII, NIM, and Average Balances  (Current Quarter Compared to Linked Quarter)

The table above quantifies the increases or decreases for the Current Quarter compared to the Linked Quarter for NII and NIM, as well as average balances of interest-earning assets and