Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 230

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 1
Chunk 230
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. unemployment rate (1)5.0 %5.1 %4.7 %U.S. real GDP (2)1.4 %1.7 %2.3 %HPI (2)(1.3)%2.0 %2.8 %CRE price index (2)(3.6)%0.4 %8.8 %

(1) Represents the projected quarterly average U.S. unemployment rate for the years ending December 31, 2025, 2026 and 2027.

(2) Represents the projected year-over-year percent changes.

Qualitative Component of the ALLL

ALLL model outputs may be adjusted through a qualitative assessment to reflect trends that may not be adequately reflected within the models, which could include economic conditions, uncertainty in macroeconomic forecasts, credit quality, risk to specific industry concentrations, and any significant policy and underwriting changes. These qualitative adjustments are also used to accommodate for the imprecision of certain assumptions and uncertainties inherent in the model calculations. 

91

ALLL and Net Charge-offs

The ALLL and net charge-offs are summarized below. 

Table 34ALLL for Loans and Leases

dollars in millionsThree Months Ended September 30, 2025CommercialConsumerTotalBalance at beginning of period$1,512 $160 $1,672 Provision (benefit) for loan and lease losses238 (24)214 Charge-offs(244)(12)(256)Recoveries18 4 22 Balance at end of period$1,524 $128 $1,652 Net charge-off ratio0.65 %Net charge-offs$226 $8 $234 Average loans$142,857 Percent of loans in each category to total loans80 %20 %100 %Three Months Ended June 30, 2025CommercialConsumerTotalBalance at beginning of period$1,517 $163 $1,680 Provision for loan and lease losses111 — 111 Charge-offs(137)(7)(144)Recoveries21 4 25 Balance at end of period$1,512 $160 $1,672 Net charge-off ratio0.33 %Net charge-offs$116 $3 $119 Average loans$141,791 Percent of loans in each category to total loans80 %20 %100 %Three Months Ended September 30