Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 350

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 350
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 above, the average size of deposits varies across our business segments. The uninsured percentage is the percentage of uninsured deposits to total deposits at period end for the respective segments and Corporate. Total uninsured deposits were approximately $59.75 billion or 37% of total deposits at September 30, 2025 and $59.51 billion or 38% at December 31, 2024. 

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Table 3Deposit Trends

dollars in millionsDeposit BalanceSeptember 30, 2025June 30,2025December 31,2024General Bank segment$74,596 $73,499 $72,956 Commercial Bank segment2,978 2,899 3,502 SVB Commercial segment39,891 37,798 36,524 Corporate and Rail segment45,725 45,739 42,247 Total deposits$163,190 $159,935 $155,229 

Deposit trends for the segments and Corporate at September 30, 2025 compared to December 31, 2024 are discussed below:

•Corporate deposit growth of $3.49 billion was mainly in the Direct Bank, which consists primarily of savings accounts.

•SVB Commercial segment deposits increased $3.37 billion, despite the strategic decision to move $2.4 billion in select cash sweep deposits to off-balance sheet client funds during the first quarter of 2025. Deposit growth was mainly in noninterest-bearing deposits.

•General Bank segment deposit growth of $1.64 billion was primarily in the Branch Network, largely in money market and noninterest-bearing deposits.

•Commercial Bank segment deposit decline of $524 million was mostly in noninterest-bearing deposits.

Refer to the “Results by Segment” for a discussion of deposits at September 30, 2025 compared to June 30, 2025.

Liquidity Position

We strive to maintain a strong liquidity position and our risk appetite for liquidity is low. At September 30, 2025, we had $61.92 billion in high-quality liquid assets consisting of $23.92 billion in cash and interest-earning deposits at banks (primarily held at the Federal Reserve Bank (“FRB”)) and $38.01 billion in high-quality liquid securities (“HQLS”). HQLS are mainly comprised of U.S. agency mortgage-backed and U.S. Treasury investment securities. Additionally, we have unused