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First Citizens BancShares Balance Sheet Statement

Assets, liabilities, and shareholders' equity

First Citizens BancShares holds $235.96B in total assets. Shareholders' equity is $22.0B against $34.7B in total debt. Cash and equivalents total $1.1B. Based on the Q1 2026 filing.

Total Assets$235.96BTotal Stockholders Equity$22.0BLong Term Debt$34.0BCash And Equivalents$1.1B
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$22.5B
P/E Ratio9.97
ROE10.18%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Contingent Liabilities—$10.0M$10.0M$20.0M—$25.0M
Accrued interest$177.0M$178.0M$175.0M$172.0M$157.0M$184.0M
Federal funds purchased and securities sold under repurchase agreements$367.0M$450.0M$471.0M$423.0M$224.0M$170.0M
Current portion of long-term debt$367.0M$450.0M$471.0M$423.0M$224.0M$170.0M
Derivative Liabilities - Fair Value$0.0$0.0$0.0$0.0$0.0$0.0
Derivative Liabilities, Gross$625.0M$541.0M$631.0M$520.0M$494.0M$448.0M
Derivative Liabilities - Not Offset Policy Election Deduction$625.0M$541.0M$631.0M$520.0M$494.0M$448.0M
Deposits$155.2B$159.3B$159.9B$163.2B$161.6B$170.8B
Noninterest-bearing deposits$38.6B$40.8B$40.9B$42.8B$40.7B$43.6B
Derivative liabilities$0.0$0.0$0.0$0.0$0.0$0.0
Lending commitments held for investment - individually evaluated$55.0M$6.0M$13.0M$17.0M$60.0M$19.0M
Operating lease liabilities, current$357.0M$340.0M$356.0M$342.0M$329.0M$317.0M
Repurchase Agreements - Gross$367.0M$450.0M$471.0M$423.0M$224.0M$170.0M
Short-term borrowings$367.0M$450.0M$471.0M$423.0M$224.0M$170.0M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Amortized Cost$34.5B$34.3B$33.4B$35.2B$32.0B$33.7B
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)$5.1B$5.5B$6.3B$9.3B$4.9B$6.4B
Available-for-Sale Debt Securities - Fair Value (Maturing Within 1 Year)$419.0M$443.0M$463.0M$500.0M$303.0M$364.0M
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)—476.00458.00461.00—300.00
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$6.4B$5.9B$5.4B$5.2B$4.6B$4.3B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$12.5B$2.9B$2.2B$1.0B$1.7B$7.7B
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)$12.5B$2.9B$2.2B$1.0B$1.7B$7.7B
Available-for-Sale Debt Securities - Unrealized Loss Position$843.0M$660.0M$593.0M$541.0M$503.0M$548.0M
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value$6.4B$5.9B$5.4B$5.2B$4.6B$4.3B
AFS and Trading Securities - Unrealized Loss Position Fair Value$18.9B$8.8B$7.6B$6.2B$6.3B$12.0B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$12.5B$2.9B$2.2B$1.0B$1.7B$7.7B
Assets held for sale$85.0M———$804.0M$1.1B
Federal funds sold and securities purchased under resale agreements$158.0M$345.0M$300.0M$83.0M$232.0M$223.0M
Cash and cash equivalents$814.0M$812.0M$889.0M$874.0M$801.0M$1.1B
Cash, Cash Equivalents, and Marketable Securities$18.9B$8.8B$7.6B$6.2B$6.3B$12.0B
Current Equity Amortized Cost$79.0M$78.0M$78.0M$78.0M$83.0M$83.0M
Derivative Assets - Fair Value$660.0M$553.0M$626.0M$570.0M$534.0M$498.0M
Equity Securities (FV-NI) - Cost Basis$79.0M$78.0M$78.0M$78.0M$83.0M$83.0M
Accrued investment income$603.0M$601.0M$605.0M$637.0M$635.0M$639.0M
Derivative assets$660.0M$553.0M$626.0M$570.0M$534.0M$498.0M
Interest-bearing deposits in banks and other financial institutions$21.4B$24.7B$26.2B$24.8B$19.8B$23.2B
Trading assets$5.1B$5.5B$6.3B$9.3B$4.9B$6.4B
Interest Receivable - Loans$603.0M$601.0M$605.0M$637.0M$635.0M$639.0M
Net Cash Collateral Received - Derivative Instruments$2.0M$18.0M$108.0M$75.0M$62.0M$4.0M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)$8.9B$7.7B$6.0B$4.6B$5.9B$6.2B
Allowance for credit losses$1.7B$1.7B$1.7B$1.7B$1.6B$1.6B
Gross loans$140.2B$141.4B$141.3B$144.8B$147.9B$148.7B
Loans 90+ Days Past Due$0.0$0.0$0.0$0.0$0.0$0.0
Deferred tax assets$133.0M-$40.0M-$34.0M-$30.0M-$7.0M$8.0M
Equity Amortized Cost$79.0M$78.0M$78.0M$78.0M$83.0M$83.0M
Available-for-sale securities$33.8B$7.8B$6.1B$4.7B$5.9B$6.2B
Held-to-maturity securities$10.2B$450.0M$467.0M$505.0M$307.0M$369.0M
Total investment securities$42.6B$43.0B$42.0B$43.9B$40.4B$41.8B
Total investments$9.3B$9.4B$9.5B$9.4B$9.6B$9.7B
Foreclosed Assets$64.0M$105.0M$103.0M$98.0M$124.0M$116.0M
Goodwill$346.0M$346.0M$346.0M$346.0M$346.0M$346.0M
Held-to-Maturity Debt Securities - Fair Value$468.0M$483.0M$345.0M$116.0M$107.0M$0.0
Held-to-Maturity Debt Securities - Maturing 1 to 5 Years$1.2B$1.2B$1.4B$1.4B$1.4B$1.4B
Held-to-Maturity Debt Securities - Maturing 5 to 10 Years$468.0M$483.0M$345.0M$116.0M$107.0M$0.0
Held-to-Maturity Debt Securities - Nonaccrual$0.0$0.0$0.0$0.0$0.0$0.0
Equity securities$101.0M$95.0M$97.0M$110.0M$127.0M$130.0M
Intangible assets, net$249.0M$234.0M$221.0M$208.0M$195.0M$182.0M
Investments - Cost Basis$79.0M$78.0M$78.0M$78.0M$83.0M$83.0M
Long-term investments—$44.3B———$43.0B
Net Investment in Lease$9.3B$9.4B$9.5B$9.4B$9.6B$9.7B
Cash and Due from Banks$814.0M$812.0M$889.0M$874.0M$801.0M$1.1B
Private debt held-for-investment, at amortized cost, net of valuation allowance &#8211; $3 and $4$138.5B$139.7B$139.6B$143.1B$146.4B$147.1B
Other intangible assets&#8212;net$249.0M$234.0M$221.0M$208.0M$195.0M$182.0M
Interest-Bearing Deposits in Banks and Other Financial Institutions$21.4B$24.7B$26.2B$24.8B$19.8B$23.2B
Investments—$44.3B———$43.0B
Operating lease right-of-use assets$316.0M$300.0M$318.0M$305.0M$294.0M$285.0M
Other Assets$6.7B$6.8B$7.1B$7.1B$7.5B$7.5B
Property, plant and equipment, net$2.0B$2.0B$2.1B$2.3B$2.4B$2.5B
Operating lease right-of-use assets2.9%2.9%3.0%3.1%3.1%3.1%
Operating Lease Right-of-Use Assets in Other Assets$316.0M$300.0M$318.0M$305.0M$294.0M$285.0M
Other non-current assets$6.7B$6.8B$7.1B$7.1B$7.5B$7.5B
Property and equipment, net$2.0B$2.0B$2.1B$2.3B$2.4B$2.5B
Total assets$223.7B$228.8B$229.7B$233.5B$229.7B$236.0B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss$762.0M$646.0M$586.0M$539.0M$500.0M$506.0M
Accumulated other comprehensive income (loss)-$445.0M-$199.0M-$114.0M-$44.0M$83.0M-$72.0M
Convertible Preferred Stock Authorized Shares20M20M20M20M20M20M
Cumulative Gross Losses and Impairments$1.5B$1.4B$1.3B$1.2B$1.2B$1.2B
Cumulative Gross Unrealized Gains$2.0M$17.0M$19.0M$28.0M$32.0M$21.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$881.0M$881.0M$881.0M$881.0M$1.4B$1.8B
Investments - Gross Unrealized Losses$18.9B$8.8B$7.6B$6.2B$6.3B$12.0B
Preferred stock$881.0M$881.0M$881.0M$881.0M$1.4B$1.8B
Preferred Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Retained earnings$19.4B$19.8B$20.3B$20.9B$20.8B$20.3B
Total liabilities and stockholders' equity$223.7B$228.8B$229.7B$233.5B$229.7B$236.0B
Total stockholders' equity$22.2B$22.3B$22.3B$22.0B$22.2B$22.0B
Unrealized Gains on Investments$81.0M$220.0M$272.0M$317.0M$341.0M$199.0M
Unrealized Losses on Investments (Before Tax)$843.0M$660.0M$593.0M$541.0M$503.0M$548.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Nonperforming Loans and Leases Percentage$0.0$0.0$0.0$0.0$0.0$0.0
Cumulative Cost Basis$79.0M$78.0M$78.0M$78.0M$83.0M$83.0M
Fair Value Measurement Disclosure$0.0$0.0$0.0$0.0$0.0$0.0
Gross Assets/Liabilities$625.0M$541.0M$631.0M$520.0M$494.0M$448.0M
Off-Balance Sheet Commitments (Contractual)$55.0M$6.0M$13.0M$17.0M$60.0M$19.0M
AOCI before Tax, Attributable to Parent-$575.0M-$244.0M-$130.0M-$35.0M$134.0M-$74.0M
Securities sold under agreements to repurchase, interest rate0.6%0.5%0.5%0.5%0.4%0.3%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$843.0M$660.0M$593.0M$541.0M$503.0M$548.0M
Gross Unrealized Gains$81.0M$220.0M$272.0M$317.0M$341.0M$199.0M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10$346.0M$353.0M$153.0M$78.0M$23.0M$16.0M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10$330.0M$338.0M$145.0M$74.0M$20.0M$14.0M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five$8.9B$7.7B$6.0B$4.6B$5.9B$6.2B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five$8.9B$7.8B$6.1B$4.7B$5.9B$6.2B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10$22.0M$22.0M$17.0M$17.0M$12.0M$12.0M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10$22.0M$22.0M$17.0M$17.0M$12.0M$12.0M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One$5.1B$5.5B$6.3B$9.3B$4.9B$6.4B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$5.1B$5.5B$6.3B$9.3B$4.9B$6.4B
Cost or Amortized Cost$34.5B$34.3B$33.4B$35.2B$32.0B$33.7B
Available-for-sale securities, allowance for credit loss—$0.0$0.0$0.0—$0.0
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss$34.5B$34.3B$33.4B$35.2B$32.0B$33.7B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$762.0M$646.0M$586.0M$539.0M$500.0M$506.0M
Less than 12 months$12.5B$2.9B$2.2B$1.0B$1.7B$7.7B
12 months or more$6.4B$5.9B$5.4B$5.2B$4.6B$4.3B
Number of Securities, Greater than 12 months—$476.0$458.0$461.0—$300.0
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$81.0M$14.0M$7.0M$2.0M$3.0M$42.0M
Estimated Fair Value$33.8B$33.9B$33.1B$35.0B$31.8B$33.3B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss$843.0M$660.0M$593.0M$541.0M$503.0M$548.0M
Debt Securities, Available-for-Sale, Unrealized Loss Position$18.9B$8.8B$7.6B$6.2B$6.3B$12.0B
Accrued Interest, held-to-maturity$20.0M$19.0M$20.0M$19.0M$20.0M$18.0M
Debt Securities, Held-to-Maturity, Amortized Cost Excluding Accrued Interest, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date$429.0M$450.0M$467.0M$505.0M$307.0M$369.0M
Held-to-maturity securities, fair value$10.2B$10.3B$10.2B$10.1B$9.6B$9.5B
Deferred purchase agreement, borrowings by client$166.0M$145.0M$176.0M$241.0M$211.0M$152.0M
Deferred purchase agreement, line of credit facility, maximum borrowing capacity$59.0M$36.0M$42.0M$37.0M$13.0M$4.0M
Deferred purchase agreement, receivables with credit risk$1.7B$1.6B$1.4B$1.8B$1.7B$1.6B
Depositary shares, shares issued, value—————$400.0M
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset$0.0$0.0$0.0$0.0$0.0$0.0
Derivative Asset Subject To Master Netting Arrangement Deduction$48.0M$103.0M$146.0M$116.0M$118.0M$100.0M
Total net derivative fair value$73.0M$122.0M$258.0M$236.0M$212.0M$132.0M
Derivative Liability$625.0M$541.0M$631.0M$520.0M$494.0M$448.0M
Derivative Liabilities, At Fair Value, Net$575.0M$420.0M$377.0M$329.0M$314.0M$344.0M
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset$0.0$0.0$0.0$0.0$0.0$0.0
Amounts subject to master netting agreements$48.0M$103.0M$146.0M$116.0M$118.0M$100.0M
Cost$79.0M$78.0M$78.0M$78.0M$83.0M$83.0M
Gross Unrealized Gains$27.0M$21.0M$24.0M$33.0M$44.0M$47.0M
Equity Securities FV-NI, Accumulated Gross Unrealized Loss, before Tax$5.0M$4.0M$5.0M$1.0M$0.0$0.0
Finance Lease, Liability, Net$15.0M$36.0M$63.0M$67.0M$72.0M$73.0M
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$15.0M$35.0M$60.0M$67.0M$71.0M$71.0M
Total loans and leases$139.0B$140.2B$140.0B$143.4B$146.6B$147.3B
Loans modified after 12 months—$750.0M$837.0M$989.0M—$1.1B
Financing Receivable, Excluding Accrued Interest, Nonaccrual$1.2B$1.2B$1.3B$1.4B$1.3B$1.4B
Financing receivable, nonaccrual without allowance for credit loss$303.0M$419.0M$362.0M$411.0M$415.0M$343.0M
Financing receivable, unamortized purchase discount$1.6B$1.5B$1.5B$1.4B$1.3B$1.3B
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss$1.5B$1.4B$1.3B$1.2B$1.2B$1.2B
Debt Securities, Held-to-maturity, Accumulated Unrecognized Gain$2.0M$17.0M$19.0M$28.0M$32.0M$21.0M
5-10 years$546.0M$547.0M$386.0M$128.0M$119.0M$0.0
1-5 years$1.3B$1.3B$1.4B$1.5B$1.4B$1.5B
Minimum deposit$211.0M$213.0M$212.0M$212.0M$212.0M$194.0M
Investments, Accumulated Unrecognized Gain$110.0M$258.0M$315.0M$378.0M$417.0M$267.0M
Investments, Accumulated Unrecognized Loss$2.4B$2.0B$1.9B$1.8B$1.7B$1.8B
Investments, Amortized Cost$44.8B$44.7B$43.6B$45.3B$41.7B$43.3B
Investments Fair Value Disclosure$42.6B$43.0B$42.0B$43.9B$40.4B$41.8B
Lessee, Liability$372.0M$376.0M$419.0M$409.0M$401.0M$390.0M
Lessee, Right-of-Use Asset$331.0M$335.0M$378.0M$372.0M$365.0M$356.0M
Unused credit available$55.0M$6.0M$13.0M$17.0M$60.0M$19.0M
Long-Term Debt and Lease Obligation$36.7B$38.0B$37.6B$38.3B$35.8B$33.8B
Amount by which unaccrued maximum of estimated range exceeds minimum—$10.0M$10.0M$20.0M—$25.0M
Off-Balance-Sheet, Credit Loss, Liability————$260.0M$228.0M
Operating Lease Weighted Average Discount Rate Percent$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Par or Stated Value Per Share$0.0$0.0$0.0$0.0$0.0$0.0
Preferred Stock, Shares Authorized$20.0M$20.0M$20.0M$20.0M$20.0M$20.0M
Weighted-Average Discount Rate4.0%4.3%4.3%4.2%4.2%4.2%
Weighted-Average Discount Rate - Finance Leases$0.0$0.0$0.0$0.0$0.0$0.0

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Maturity - 1 to 5 Years$1.3B$1.3B$1.4B$1.5B$1.4B$1.5B
Debt Maturity - 5 to 10 Years$330.0M$338.0M$145.0M$74.0M$20.0M$14.0M
Debt Maturity - Over 10 Years$22.0M$22.0M$17.0M$17.0M$12.0M$12.0M
Finance lease liabilities$15.0M$36.0M$63.0M$67.0M$72.0M$73.0M
Finance Lease Liabilities (Total)$15.0M$36.0M$63.0M$67.0M$72.0M$73.0M
Long-term debt$37.1B$38.4B$38.1B$38.7B$36.0B$34.0B
Long-Term Debt and Finance Lease Obligations$36.7B$38.0B$37.6B$38.3B$35.8B$33.8B
Interest-Bearing Deposit Liabilities$116.6B$118.6B$119.1B$120.4B$120.9B$127.2B
Credit balances of factoring clients$1.0B$1.1B$1.1B$1.3B$1.1B$1.3B
Operating Lease Liabilities (Total)$357.0M$340.0M$356.0M$342.0M$329.0M$317.0M
Other non-current liabilities$8.2B$7.7B$8.2B$8.3B$8.7B$7.8B
Secured Borrowings Cash Right to Reclaim$2.0M$18.0M$108.0M$75.0M$62.0M$4.0M
Total liabilities$201.5B$206.5B$207.4B$211.5B$207.5B$213.9B