Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 370

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 370
---
10-Q were recast to reflect the changes.

BancShares’ segments include the General Bank, the Commercial Bank, SVB Commercial, and Rail. All other financial information not included in the segments is reported in the Corporate section of the segment disclosures. Under our segment expense allocation methodology, allocated expenses increase noninterest expense of the applicable segment(s), with an offsetting decrease to Corporate noninterest expense. “All other noninterest expense” in the segment reporting tables below includes the effect of allocated expenses, resulting in a reduction to expense (or “Contra Expense”) for Corporate.  

Refer to Note 17—Segment Information for descriptions of segment products and services.

75

General Bank

Table 15General Bank: Financial Data

dollars in millionsThree Months EndedIncrease (Decrease) from Linked QuarterNine Months EndedIncrease (Decrease)Year to DateEarnings SummarySeptember 30, 2025June 30, 2025September 30, 2024September 30, 2025September 30, 2024Net interest income$846 $824 $760 $22 3 %$2,458 $2,174 $284 13 %Total noninterest income166 164 149 2 1 494 446 48 11 Total revenue1,012 988 909 24 2 2,952 2,620 332 13 Personnel cost213 210 212 3 1 637 604 33 5 All other noninterest expense369 370 341 (1)— 1,090 978 112 11 Total noninterest expense582 580 553 2 — 1,727 1,582 145 9 Provision for credit losses1 13 55 (12)(90)60 113 (53)(47)Income before income taxes429 395 301 34 8 1,165 925 240 26 Income tax expense109 101 99 8 7 298 270 28 10 Net income$320 $294 $202 $26 9 $867 $655 $212 32 Pre-provision net revenue (“PPNR”) (1)$430 $408 $356 $22 5 %$1,225 $1,038 $187 18 %Select Period End BalancesLoans