Company: FCNCB
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000798941-25-000010
Chunk: 185

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 185
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 %5 $— Owner occupied commercial mortgage30 1.42 7 — Non-owner occupied commercial mortgage20 0.78 40 — Commercial and industrial23 0.79 9 — Leases11 — 6 — Total commercial21 0.84 21 — ConsumerResidential mortgage71 1.89 11 — Revolving mortgage37 4.27 — — Consumer auto31 0.53 — — Consumer other60 9.66 — — Total consumer56 2.73 11 — SVBInvestor dependent - early stage10 2.75 7 — Investor dependent - growth stage12 — 8 — Innovation C&I and cash flow dependent12 — 12 — Total SVB12 2.75 10 — Total loans and leases21 1.00 %13 $— Financial Effects of Loan Modifications made during the year ended December 31, 2023dollars in millionsWeighted Average Term Extension (in Months)Weighted Average Interest Rate ReductionWeighted Average Payment Delay (in Months)Amount of Principal ForgivenCommercialCommercial construction9 — %— $— Owner occupied commercial mortgage17 3.52 — — Non-owner occupied commercial mortgage12 3.00 — — Commercial and industrial20 2.04 7 — Leases16 — — — Total commercial14 2.93 7 — ConsumerResidential mortgage78 4.13 6 — Revolving mortgage59 2.81 — — Consumer auto27 0.69 — — Consumer other53 9.42 — — Total consumer74 4.08 6 — SVBInvestor dependent - early stage9 1.00 5 — Investor dependent - growth stage9 — 5 — Innovation C&I and cash flow dependent4 — 5 — Total SVB5 1.00 5 — Total loans and leases14 2.89 %6 $— Borrowers experiencing financial difficulties are typically identified in our credit risk management process before loan modifications occur. An assessment of whether a borrower is experiencing financial difficulty