Company: FCNCB
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000798941-25-000010
Chunk: 124

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 124
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Securities purchased under agreements to resell158 473 Investment in marketable equity securities (cost of $79 at December 31, 2024 and $75 at December 31, 2023)101 84 Investment securities available for sale (cost of $34,512 at December 31, 2024 and $20,688 at December 31, 2023), net of allowance for credit losses33,750 19,936 Investment securities held to maturity (fair value of $8,702 at December 31, 2024 and $8,503 at December 31, 2023)10,239 9,979 Assets held for sale85 76 Loans and leases140,221 133,302 Allowance for loan and lease losses(1,676)(1,747)Loans and leases, net of allowance for loan and lease losses138,545 131,555 Operating lease equipment, net9,323 8,746 Premises and equipment, net2,006 1,877 Goodwill346 346 Other intangible assets, net249 312 Other assets6,740 5,857 Total assets$223,720 $213,758 LiabilitiesDeposits:Noninterest-bearing$38,633 $39,799 Interest-bearing116,596 106,055 Total deposits155,229 145,854 Credit balances of factoring clients1,016 1,089 Borrowings:Short-term borrowings367 485 Long-term borrowings36,684 37,169 Total borrowings37,051 37,654 Other liabilities8,196 7,906 Total liabilities201,492 192,503 Stockholders’ equityPreferred stock - $0.01 par value (20,000,000 shares authorized at December 31, 2024 and December 31, 2023) 881 881 Common stock:Class A - $1 par value (32,000,000 shares authorized at December 31, 2024 and December 31, 2023; 12,712,436 and 13,514,933 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively)13 14 Class B - $1 par value (2,000,000 shares authorized and 1,005,185 shares