Company: FCNCB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000798941-25-000040
Chunk: 121

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 121
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2) Consists of $5 million of commercial and industrial loans modified with a term extension, payment delay, and interest rate reduction.Amortized Cost of Loans Modified during the three months ended June 30, 2024dollars in millionsTerm Extension (1)Payment DelayInterest Rate ReductionTerm Extension(1) and Payment DelayOther Combinations(2)TotalPercent of Total Loan ClassCommercialOwner occupied commercial mortgage$8 $— $3 $— $— $11 0.07 %Non-owner occupied commercial mortgage41 — — — — 41 0.26 Commercial and industrial30 93 31 10 4 168 0.42 Investor dependent2 48 — 17 1 68 1.78 Total commercial81 141 34 27 5 288 0.26 ConsumerResidential mortgage3 — — — — 3 0.01 Revolving mortgage2 — — — — 2 0.11 Total consumer5 — — — — 5 0.02 Total loans and leases$86 $141 $34 $27 $5 $293 0.21 %(1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended.(2) Consists of $4 million commercial and industrial loans modified with a term extension and interest rate reduction as well as $1 million of investor dependent loans modified with a term extension, interest rate reduction, and payment delay.

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Financial Effects of Loan Modifications made during the three months ended June 30, 2025dollars in millionsWeighted Average Term Extension (in Months)Weighted Average Interest Rate ReductionWeighted Average Payment Delay    (in Months)CommercialCommercial construction7 — %6 Owner occupied commercial mortgage12 1.93 5 Non-owner occupied commercial mortgage27 0.60 — Commercial and industrial13 1.06 15 Investor dependent6 — 5 Total commercial19 1.01 11 ConsumerResidential mortgage8 1.14 6 Revolving mortgage43 4.40 — Consumer auto19 — — Consumer other60 8.94 — Total consumer9 1.58 6 Total loans and leases18