Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 103

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 103
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-backed securities3,359 — (633)2,726 Supranational securities302 — (23)279 Other1 — — 1 Total investment securities held to maturity$10,189 $19 $(1,320)$8,888 Total investment securities$43,648 $315 $(1,918)$42,045 December 31, 2024Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueInvestment securities available for saleU.S. Treasury$13,897 $33 $(27)$13,903 Government agency79 — (2)77 Residential mortgage-backed securities16,161 41 (582)15,620 Commercial mortgage-backed securities3,869 7 (210)3,666 Corporate bonds489 — (22)467 Municipal bonds17 — — 17 Total investment securities available for sale$34,512 $81 $(843)$33,750 Investment in marketable equity securities$79 $27 $(5)$101 Investment securities held to maturityU.S. Treasury$483 $— $(31)$452 Government agency1,489 — (115)1,374 Residential mortgage-backed securities4,558 2 (682)3,878 Commercial mortgage-backed securities3,407 — (678)2,729 Supranational securities300 — (33)267 Other2 — — 2 Total investment securities held to maturity$10,239 $2 $(1,539)$8,702 Total investment securities$44,830 $110 $(2,387)$42,553 U.S. Treasury investments include Treasury bills and Notes issued by the U.S. Treasury. Investments in government agency securities represent securities issued by the Small Business Administration (“SBA”), Federal Home Loan Bank (“FHLB”) and other U.S. agencies. Investments in residential and commercial mortgage-backed securities represent securities issued by the Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. Investments in corporate bonds represent positions in debt securities of other financial institutions. Municipal bonds are revenue bonds. Investments in marketable equity securities represent positions in common stock of publicly traded financial institutions. Investments in supranational securities represent securities issued by the Supranational Entities & Multilateral Development Banks.