Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 65

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 65
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RailCorporate (1)BancShares (2)Net interest income (expense)$684 $300 $523 $(43)$353 $1,817 Rental income on operating lease equipment— 57 — 198 — 255 All other noninterest income145 83 134 4 6 372 Total noninterest income145 140 134 202 6 627 Total revenue829 440 657 159 359 2,444 Depreciation on operating lease equipment— 46 — 50 — 96 Maintenance and other operating lease expenses— — — 45 — 45 Personnel cost207 74 119 8 336 744 Acquisition-related expenses— — — — 58 58 All other noninterest expense (3)321 140 247 14 (289)433 Total noninterest expense528 260 366 117 105 1,376 Provision for credit losses21 20 23 — — 64 Income before income taxes280 160 268 42 254 1,004 Income tax expense79 42 75 11 66 273 Net income$201 $118 $193 $31 $188 $731 Select Period End BalancesLoans and leases$62,015 $36,251 $37,042 $62 $— $135,370 Operating lease equipment, net— 763 — 8,048 — 8,811 Deposits70,908 3,400 33,879 14 41,408 149,609 (1) Corporate includes all other financial information that is not included in the reportable segments.(2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above.

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NOTE 18 — COMMITMENTS AND CONTINGENCIESCommitmentsTo meet the financing