Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 162

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 162
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 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.

54

dollars in millionsNine Months Ended September 30, 2025General BankCommercial BankSVB CommercialRailCorporate (1)BancShares (2)Net interest income (expense)$2,458 $895 $1,476 $(160)$423 $5,092 Rental income on operating lease equipment— 164 — 651 — 815 All other noninterest income494 268 397 7 31 1,197 Total noninterest income494 432 397 658 31 2,012 Total revenue2,952 1,327 1,873 498 454 7,104 Depreciation on operating lease equipment— 131 — 165 — 296 Maintenance and other operating lease expenses— — — 180 — 180 Personnel cost637 215 330 20 1,243 2,445 Acquisition-related expenses— — — — 108 108 All other noninterest expense (3)1,090 462 804 56 (957)1,455 Total noninterest expense1,727 808 1,134 421 394 4,484 Provision for credit losses60 300 100 — — 460 Income before income taxes1,165 219 639 77 60 2,160 Income tax expense (benefit)298 56 162 19 (1)534 Net income$867 $163 $477 $58 $61 $1,626 Nine Months Ended September 30, 2024General BankCommercial BankSVB CommercialRailCorporate (1)BancShares (2)Net interest income (expense)$2,174 $916 $1,636 $(136)$844 $5,434 Rental income on operating lease equipment— 172 — 604 — 776 All other noninterest income446 239 405 8 42 1,140 Total noninterest income446 411 405 612 42 1,916 Total revenue2,620 1,327 2,041 476 886 7,350 Depreciation on operating lease