Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 47

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 47
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 6.5 3,378 2,748 6.4 3,407 2,729 6.5 Supranational securities302 279 0.7 301 274 0.6 300 267 0.6 Other1 1 — 2 2 — 2 2 — Total investment securities held to maturity$10,189 $8,888 21.2 %$10,324 $8,973 20.9 %$10,239 $8,702 20.5 %Total investment securities$43,648 $42,045 100.0 %$44,742 $42,968 100.0 %$44,830 $42,553 100.0 %(1) Calculated as a percentage of the total fair value of investment securities.

81

The following table presents the weighted average yields for investment securities available for sale and held to maturity at June 30, 2025, segregated by major category with ranges of contractual maturities. The weighted average yields represent the yields of the underlying securities as of the specified date, June 30, 2025, within the specified maturity range. The weighted average yield on the portfolio was calculated using security-level annualized yields based on book yield to maturity and takes into account amortization of premiums and accretion of discounts. The total weighted average yields for investment securities available for sale and held to maturity are based on the underlying weighted average amortized cost.

Table 23

Weighted Average Yield on Investment Securities 

June 30, 2025Within One YearOne to Five YearsFive to 10 YearsAfter 10 YearsTotalInvestment securities available for sale:U.S. Treasury4.46 %4.18 %— %— %4.33 %Government agency1.59 4.14 4.02 — 4.09 Residential mortgage-backed securities (1)— 4.22 4.66 4.02 4.17 Commercial mortgage-backed securities (1)4.15 4.77 5.50 2.91 4.05 Corporate bonds6.66 8.08 5.07 — 6.75 Municipal bonds— — — 7.00 7.00 Total investment securities available for sale4.45