Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 49

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 2
Chunk 49
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 maturity are based on the underlying weighted average amortized cost.

Table 23Weighted Average Yield on Investment Securities

September 30, 2025Within One YearOne to Five YearsFive to 10 YearsAfter 10 YearsTotalInvestment securities available for sale:U.S. Treasury4.32 %4.22 %— %— %4.29 %Government agency— 3.97 — — 3.97 Residential mortgage-backed securities (1)— 4.25 4.38 4.11 4.19 Commercial mortgage-backed securities (1)4.15 4.63 5.30 2.85 3.96 Corporate bonds5.96 8.20 6.21 — 7.58 Municipal bonds— — — 6.86 6.86 Total investment securities available for sale4.31 %4.44 %4.43 %4.00 %4.23 %Investment securities held to maturity:U.S. Treasury— %1.43 %— %— %1.43 %Government agency1.32 1.62 1.94 — 1.55 Residential mortgage-backed securities (1)— — 1.03 2.81 2.66 Commercial mortgage-backed securities (1)— 1.84 4.65 2.49 2.49 Supranational securities1.24 1.64 — — 1.59 Other3.55 — — — 3.55 Total investment securities held to maturity1.32 %1.58 %1.40 %2.67 %2.37 %

(1) Residential mortgage-backed and commercial mortgage-backed securities, which are not due at a single maturity date, have been included in maturity groupings based on the contractual maturity at September 30, 2025. The expected life will differ from contractual maturities because borrowers have the right to prepay the underlying loans.

Assets Held for Sale

Assets held for sale at September 30, 2025 were $112 million, an increase of $27 million or 32% from $85 million at December 31, 2024. The composition of assets held for sale is included in the following table:   

Table 24Assets Held