Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 322

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 322
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 Personnel cost185 63 123 6 368 745 Acquisition-related expenses— — — — 44 44 All other noninterest expense (3)316 135 246 15 (273)439 Total noninterest expense501 246 369 131 139 1,386 Provision for credit losses37 39 19 — — 95 Income before income taxes344 161 299 27 148 979 Income tax expense92 44 85 8 43 272 Net income$252 $117 $214 $19 $105 $707 Select Period End BalancesLoans and leases$63,327 $36,835 $39,117 $62 $— $139,341 Operating lease equipment, net— 767 — 8,178 — 8,945 Deposits71,261 3,294 35,773 10 40,741 151,079 (1) Corporate includes all other financial information that is not included in the reportable segments.(2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under Accounting Standards Codification (“ASC”) 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible 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.

52

dollars in millionsSix Months Ended June 30, 2025General BankCommercial BankSVB CommercialRailCorporate (1)BancShares (2)Net interest income (expense)$1,612 $592 $983 $(105)$276 $3,358 Rental income on operating lease equipment— 110 — 432 — 542 All other noninterest income328 167 262 5 9 771 Total noninterest income328 277 262 437 9 1,313 Total revenue1,940 869 1,245 332 285 4,671 Depreciation on operating lease equipment— 88 — 110 — 198