Company: FCNCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000798941-25-000050
Chunk: 293

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 8
Chunk 293
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volving Converted to Term Loansdollars in millions202420232022202120202019 & PriorRevolvingTotalCommercialOwner occupied commercial mortgage$— $— $— $— $— $8 $— $— $8 Non-owner occupied commercial mortgage— — — — 19 70 — — 89 Commercial and industrial8 35 65 15 4 10 50 1 188 Leases1 4 4 4 2 2 — — 17 Investor dependent— 37 63 27 3 4 7 — 141 Total commercial9 76 132 46 28 94 57 1 443 ConsumerResidential mortgage— — — — — 1 — — 1 Consumer auto— 2 1 1 — — — — 4 Consumer other— 1 1 1 — 1 12 — 16 Total consumer— 3 2 2 — 2 12 — 21 Total loans and leases$9 $79 $134 $48 $28 $96 $69 $1 $464 

25

Loan Modifications for Borrowers Experiencing Financial DifficultiesAs part of BancShares’ ongoing credit risk management practices, BancShares attempts to work with borrowers when necessary to extend or modify loan terms to better align with the borrowers’ current ability to repay. BancShares’ modifications granted to debtors experiencing financial difficulties typically take the form of term extensions, interest rate reductions, payment delays, principal forgiveness, or a combination thereof. Modifications are made in accordance with internal policies and guidelines to conform to regulatory guidance. The following tables present the amortized cost of loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also provide financial effects by type of such loan modifications for the respective loan class. Loan modifications for principal forgiveness round to less than $1 million for all loan classes in all periods presented and are not presented in the following tables.Amortized Cost of Loans Modified during the three months ended September 30, 2025dollars in millionsTerm Extension (1)Payment DelayInterest Rate ReductionTerm Extension (1) and Interest Rate ReductionTerm Extension (1) and Payment DelayOther Combinations (2)TotalPercent