Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 96

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 96
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 and December 31, 2024; 11,613,444 and 12,712,436 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively)12 13 Class B - $1 par value (2,000,000 shares authorized and 1,005,185 shares issued and outstanding at September 30, 2025 and December 31, 2024)1 1 Additional paid in capital270 2,417 Retained earnings20,866 19,361 Accumulated other comprehensive loss(44)(445)Total stockholders’ equity21,986 22,228 Total liabilities and stockholders’ equity$233,488 $223,720 

See accompanying Notes to the Unaudited Consolidated Financial Statements.

4

First Citizens BancShares, Inc. and Subsidiaries

Consolidated Statements of Income (Unaudited)

Three Months Ended September 30,Nine Months Ended September 30,dollars in millions, except share and per share data2025202420252024Interest incomeInterest and fees on loans$2,300 $2,430 $6,806 $7,206 Interest on investment securities433 358 1,266 970 Interest on deposits at banks265 350 766 1,176 Total interest income2,998 3,138 8,838 9,352 Interest expenseDeposits911 1,004 2,698 2,907 Borrowings353 338 1,048 1,011 Total interest expense1,264 1,342 3,746 3,918 Net interest income1,734 1,796 5,092 5,434 Provision for credit losses191 117 460 276 Net interest income after provision for credit losses1,543 1,679 4,632 5,158 Noninterest incomeRental income on operating lease equipment273 262 815 776 Lending-related fees67 67 202 189 Deposit fees and service charges61 57 178 172 Client investment fees58 55 163 159 Wealth management services57 54 168 157 International fees34 29 99 86 Factoring commissions18 19 53 55 Cardholder services, net39 42 121 122