Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 19

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 19
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12% for the Linked Quarter. 

◦The yield on average interest-earning assets for the Current Quarter was 5.67%, a decrease of 1 bp from 5.68% for the Linked Quarter, mainly due to lower loan PAA.

◦The rate paid on average interest-bearing liabilities for the Current Quarter was 3.19%, a decrease of 3 bps from 3.22% for the Linked Quarter, primarily due to a lower rate paid on interest-bearing deposits, partially offset by the impacts of a higher average balance of interest-bearing deposits and borrowings, and a higher rate paid on borrowings.

Refer to the “Financial Performance Summary—Balance Sheet Highlights,” “Interest-earning Assets,” and “Interest-bearing Liabilities” sections of this MD&A for discussions of balance sheet trends that impact average interest-earning assets, average interest-bearing liabilities, and the related yields earned and rates paid.

(1) Refer to the “NII, NIM, and Interest and Fees on Loans, Excluding PAA” discussion in the “Non-GAAP Financial Measurements” section of this MD&A for further information.

66

Table 6

Average Balances, Yields and Rates, NII, and NIM (Current Quarter to Prior Year Quarter)

dollars in millionsAverage BalanceYield / RateInterest Income / ExpenseThree Months EndedIncrease (Decrease) from Prior Year QuarterThree Months EndedThree Months EndedIncrease (Decrease) due to:Jun 30, 2025Jun 30, 2024Jun 30, 2025Jun 30, 2024Increase (decrease) bpsJun 30, 2025Jun 30, 2024Increase (Decrease)Volume(1)Yield /Rate(1)Loans and leases(1)(2)$140,699 $135,965 $4,734 4 %6.47 %7.15 %(68)$2,270 $2,422 $(152)$83 $(235)Investment securities43,935 36,445 7,490 21 3.79 3.60 19416 327 89 71 18 Securities purchased under agreements to resell237 236 1 — 4.34 5.37 (103)3 3 — — — Interest-earning deposits at banks23,304 28,059 (4,755