Company: FCNCB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000798941-25-000024
Chunk: 74

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 74
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.25 %1.36 %Net interest margin (1)3.26 3.32 3.67 Net interest margin, excluding purchase accounting accretion or amortization (1)(2)3.12 3.16 3.35 Select Average Balances:Investment securities$43,555 $40,779 $32,647 Total loans and leases (3)140,882 139,757 133,758 Operating lease equipment, net9,350 9,288 8,806 Total assets225,449 223,706 216,081 Total deposits156,378 154,534 147,715 Total borrowings37,398 37,092 37,577 Total stockholders’ equity22,457 22,598 21,498 Select Ending Balances:Investment securities$44,319 $44,090 $35,044 Total loans and leases141,358 140,221 135,370 Operating lease equipment, net9,371 9,323 8,811 Total assets228,822 223,720 217,836 Total deposits159,325 155,229 149,609 Total borrowings38,406 37,051 37,540 Total stockholders’ equity22,295 22,228 21,848 Loan to deposit ratio88.72 %90.33 %90.48 %Noninterest-bearing deposits to total deposits25.59 24.89 26.25 Capital Ratios:Total risk-based capital15.23 %15.04 %15.66 %Tier 1 risk-based capital13.35 13.53 14.00 Common equity Tier 112.81 12.99 13.44 Tier 1 leverage9.75 9.90 10.11 Asset Quality:Ratio of nonaccrual loans to total loans0.85 %0.84 %0.79 %Allowance for loan and lease losses to loans ratio1.19 1.20 1.28 Net charge off ratio0.41 0.46 0.31 

(1)     Calculated net of average credit balances and deposits of factoring clients. 

(2)     Net interest margin (“NIM”), excluding purchase accounting accretion or amort