Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 266

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 266
---
ances, unsecured debt issuances, and cash collections generated by portfolio asset sales to third parties. 

We utilize measurement tools to assess and monitor the level and adequacy of our liquidity position, liquidity conditions and trends. We measure and forecast liquidity and liquidity risks under different hypothetical scenarios and across different horizons. We use a liquidity stress testing framework to better understand the range of potential risks and their impacts to which BancShares is exposed. Stress test results inform our business strategy, risk appetite, levels of liquid assets, and contingency funding plans. Also included among our liquidity measurement tools are key risk indicators that assist in identifying potential liquidity risk and stress events. 

BancShares maintains a framework to establish liquidity risk tolerances, monitoring, and breach escalation protocol to alert management of potential funding and liquidity risks and to initiate mitigating actions as appropriate. Further, BancShares maintains a contingent funding plan, which details protocols and potential actions to be taken under liquidity stress conditions.

Liquidity includes available cash and HQLS. At March 31, 2025 we had $62.79 billion of high-quality liquid assets (27.4% of total assets) and $22.25 billion of contingent liquidity sources available. The higher available cash level presented below was due in part from funds received in connection with the Current Quarter Debt Issuances in March 2025. As noted below, the draw period under the Advance Facility Agreement with the FDIC ended March 27, 2025, as of which date, FCB had no outstanding amounts under the facility. We are actively working to increase our borrowing capacity under agreements with the FRB through expansion of the eligible loan population to targeted loans historically not pledged to the FRB. 

92

Table 46

Liquidity

dollars in millionsMarch 31, 2025December 31, 2024Available cash$23,769 $20,545 High-quality liquid securities (1)39,018 38,794 High-quality liquid assets$62,787 $59,339 Credit Facilities:Current Capacity(2)Current Capacity(2)FHLB facility (3)$16,542 $16,423 FRB facility5,612 5,475 FDIC facility (4)— 5,291 Line of credit100 100 Total contingent sources$22,254 $27,289 Total liquid assets and contingent sources$85,041 $86,628 Total uninsured deposits$