Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 91

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 2
Chunk 91
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 Money Note and the premium on deposits assumed in the merger with CIT Group Inc.

The following table reconciles NII to NII, excluding PAA, NIM to NIM, excluding PAA, and interest and fees on loans to interest and fees on loans, excluding loan PAA:

Table 57NII, NIM, and Interest and Fees on Loans, Excluding PAA

dollars in millionsThree Months EndedNine Months EndedSeptember 30, 2025June 30, 2025September 30, 2024September 30, 2025September 30, 2024NII (GAAP)a$1,734 $1,695 $1,796 $5,092 $5,434 Loan PAAb71 75 107 230 415 Other PAAc(10)(9)(6)(28)(16)PAAd = (b+c)61 66 101 202 399 NII, excluding PAA (non-GAAP)e = (a-d)$1,673 $1,629 $1,695 $4,890 $5,035 Annualized NIIf = a annualized$6,878 $6,800 $7,147 $6,808 $7,259 Annualized NII, excluding PAAg = e annualized6,637 6,533 6,746 6,537 6,726 Average interest-earning assetsh$211,042 $208,175 $202,199 $208,432 $200,503 NIM (GAAP)f/h3.26 %3.26 %3.53 %3.26 %3.62 %NIM, excluding PAA (non-GAAP)g/h3.15 3.14 3.33 3.13 3.35 Interest and fees on loans (GAAP)$2,300 $2,270 $2,430 $6,806 $7,206 Less: loan PAAb71 75 107 230 415 Interest and fees on loans, excluding loan PAA (non-GAAP)$2,229 $2,195 $2,323 $6,576 $6,791 

109

Adjusted Risk-Based Capital Ratios

FCB and the FDIC entered into the Shared-Loss