Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 139

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 139
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 2Level 3AssetsInvestment securities available for saleU.S. Treasury$12,170 $— $12,170 $— Government agency60 — 60 — Residential mortgage-backed securities16,924 — 16,924 — Commercial mortgage-backed securities3,536 — 3,536 — Corporate bonds353 — 215 138 Municipal bonds17 — 17 — Total investment securities available for sale$33,060 $— $32,922 $138 Marketable equity securities97 42 55 — Loans held for sale83 — 83 — Loans23 — 23 — Derivative assets (1)Total qualifying hedge assets$— $— $— $— Interest rate contracts — non-qualifying hedges$418 $— $415 $3 Foreign exchange contracts — non-qualifying hedges188 — 188 — Other derivative contracts — non-qualifying hedges20 — — 20 Total non-qualifying hedge assets$626 $— $603 $23 Total derivative assets$626 $— $603 $23 LiabilitiesDerivative liabilities (1)Interest rate contracts — qualifying hedges$— $— $— $— Interest rate contracts — non-qualifying hedges$411 $— $411 $— Foreign exchange contracts — non-qualifying hedges219 — 219 — Other derivative contracts — non-qualifying hedges1 — — 1 Total non-qualifying hedge liabilities$631 $— $630 $1 Total derivative liabilities$631 $— $630 $1 (1) Derivative fair values include accrued interest. 

39

dollars in millionsDecember 31, 2024TotalLevel 1Level 2Level 3AssetsInvestment securities available for saleU.S. Treasury$13,903 $— $13,903 $— Government agency77 — 77 — Residential mortgage-backed securities15,620 — 15,620 — Commercial mortgage-backed securities3,666 — 3,666 — Corporate bonds467 — 299 168 Municipal bonds17 — 17