First citizens bancshares inc /de/ (FCNCA)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Interest income
Loans and leases

1,251,932

1,217,306

1,196,935

1,154,138

1,111,991

1,073,051

1,032,298

1,006,343

980,989

955,637

933,934

906,988

886,698

876,472

867,877

873,194

880,434

874,892

869,299

808,927

750,353

700,525

667,483

685,425

706,468

757,197

849,903

894,514

941,227

967,601

958,873

972,554

974,421

967,737

965,788

990,114

958,924

914,545

825,124

715,754

0

0

0

U. S. Treasury

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,471

3,040

4,188

5,777

8,248

12,950

18,170

0

-

0

0

-

-

-

Government agency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,688

17,177

18,647

19,133

19,848

18,704

16,865

0

-

0

0

-

-

-

U. S. Treasury and government agency

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Residential mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,388

10,995

8,569

8,471

9,235

8,686

7,864

7,633

6,544

6,310

6,000

0

0

0

Corporate bonds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,028

5,721

6,998

7,975

8,458

8,683

8,762

8,721

8,734

8,118

0

0

0

State, county and municipal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

71

173

173

174

146

52

55

75

94

184

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,914

369

282

420

548

548

604

416

227

401

488

0

0

0

Investment securities interest and dividend income

160,348

160,460

159,709

158,324

155,294

150,709

142,313

133,249

126,476

121,207

115,475

109,164

103,460

96,751

94,253

94,878

91,982

88,250

84,445

73,132

63,773

56,211

47,487

44,476

40,148

36,884

35,894

35,633

35,679

35,497

35,680

37,580

40,972

46,028

47,990

49,892

52,683

52,477

59,621

67,584

0

0

0

Overnight investments

24,366

26,245

26,892

24,462

22,795

21,997

23,531

27,177

27,969

26,846

23,105

18,523

15,344

14,534

12,706

10,095

8,395

6,067

5,726

5,207

4,438

3,712

2,996

3,078

2,978

2,723

2,258

1,948

1,782

1,738

1,568

1,492

1,318

1,394

1,810

2,031

2,261

2,346

1,708

1,328

0

0

0

Total interest income

1,436,646

1,404,011

1,383,536

1,336,924

1,290,080

1,245,757

1,198,142

1,166,769

1,135,434

1,103,690

1,072,514

1,034,675

1,005,502

987,757

974,836

978,167

980,811

969,209

959,470

887,266

818,564

760,448

717,966

732,979

749,594

796,804

888,055

932,095

978,688

1,004,836

996,121

1,011,626

1,016,711

1,015,159

1,015,588

1,042,037

1,013,868

969,368

886,453

784,666

0

0

0

Interest expense
Deposits

87,522

76,254

62,880

46,290

31,653

22,483

17,213

15,905

15,516

16,196

16,859

17,477

17,946

18,169

18,568

19,327

20,260

21,230

22,631

23,118

23,590

24,786

25,796

28,016

31,007

34,495

39,432

45,359

51,409

57,568

65,531

76,506

88,540

101,888

114,627

126,889

140,899

149,195

159,868

171,671

0

0

0

Securities sold under customer repurchase agreements

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank borrowings

7,171

5,472

5,653

5,436

4,702

5,801

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

3,998

3,854

-

-

2,828

3,859

4,662

-

3,722

2,833

2,111

1,965

1,906

1,956

3,160

4,660

8,529

10,633

10,526

9,177

5,426

3,476

2,605

2,724

3,146

3,516

4,420

5,107

5,433

5,789

5,687

5,993

7,700

6,972

6,130

5,189

3,118

3,657

0

0

0

Subordinated debt

8,182

7,099

7,020

6,807

6,508

6,277

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense, Other

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term obligations

-

-

10,936

10,551

-

-

6,324

12,075

17,441

-

22,889

22,647

23,147

22,948

22,885

21,885

19,931

18,414

16,878

15,232

15,117

16,388

17,300

19,082

19,747

19,399

18,936

20,506

24,241

27,473

30,999

33,342

34,552

36,311

36,307

38,469

39,645

40,741

42,352

41,131

0

0

0

Total interest expense

107,349

92,642

78,409

60,860

45,145

36,857

35,355

38,169

41,444

43,794

43,470

42,957

43,204

43,082

43,359

43,168

43,351

44,304

48,038

48,983

49,233

50,351

48,522

50,574

53,359

56,618

61,514

69,381

80,070

90,148

101,963

115,637

128,779

144,192

158,634

172,330

186,674

195,125

205,338

216,459

0

0

0

Net interest income

1,329,297

1,311,369

1,305,127

1,276,064

1,244,935

1,208,900

1,162,787

1,128,600

1,093,990

1,059,896

1,029,044

991,718

962,298

944,675

931,477

934,999

937,460

924,905

911,432

838,283

769,331

710,097

669,444

682,405

696,235

740,186

826,541

862,714

898,618

914,688

894,158

895,989

887,932

870,967

856,954

869,707

827,194

774,243

681,115

568,207

0

0

0

Provision (credit) for loan and lease losses

48,046

31,441

35,299

29,373

32,613

28,468

14,074

21,180

25,066

25,692

44,530

44,091

36,329

32,941

23,958

16,558

19,715

20,664

21,923

23,353

8,335

640

-389

-9,609

-15,552

-32,255

25,349

50,655

93,564

142,885

167,258

194,263

218,573

232,277

177,914

193,159

171,008

143,519

126,894

87,780

0

0

0

Net interest income after provision for loan and lease losses

1,281,251

1,279,928

1,269,828

1,246,691

1,212,322

1,180,432

1,148,713

1,107,420

1,068,924

1,034,204

984,514

947,627

925,969

911,734

907,519

918,441

917,745

904,241

889,509

814,930

760,996

709,457

669,833

692,014

711,787

772,441

801,192

812,059

805,054

771,803

726,900

701,726

669,359

638,690

679,040

676,548

656,186

630,724

554,221

480,427

0

0

0

Noninterest income
Revenue from contract with customers

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage income

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net impact from FDIC shared-loss termination

-

-

-

-

-

-

-

-

-

-

-

-45

16,514

16,559

16,559

16,559

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to FDIC receivable

-

-

-

-

-

-

-

-

-

-

-

-

-8,820

-9,725

-16,952

-18,309

-20,495

-19,009

-9,851

-10,107

-20,849

-32,151

-42,582

-61,494

-60,638

-72,342

-105,596

-99,156

-98,851

-101,594

-34,074

-36,109

-35,722

-19,305

-75,820

-86,459

-59,772

-46,806

-14,005

15,527

0

0

0

Insurance commissions

-42,111

20,625

-3,370

1,451

2,747

-7,610

9,265

5,411

971

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Securities, Available-for-sale, Realized Gain (Loss)

26,910

7,115

6,855

5,719

0

-

0

0

-

4,293

13,828

12,843

22,021

26,673

17,489

22,701

10,319

10,817

39,933

34,369

34,222

29,096

0

0

0

-

-

-

-

2,277

-8

215

116

-288

-224

462

372

1,952

1,708

629

0

0

0

Cardholder and merchant services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

115,424

112,605

110,567

107,575

105,581

101,706

0

0

0

Fees from processing services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,989

25,458

22,694

22,063

22,821

24,385

29,367

31,873

34,816

33,403

31,765

31,803

30,487

29,887

29,489

29,120

29,097

29,553

29,204

0

0

0

Gain on acquisitions

-

-

-

-

-

-

-

-

-

134,745

134,745

135,582

16,144

5,831

5,831

4,994

1,704

42,930

42,930

42,930

42,930

0

0

0

0

-

-

-

-

-

-

-

-

150,417

150,417

63,474

63,474

136,000

240,434

240,434

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

36

739

-

-

39,000

38,297

38,297

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

15,137

18,431

19,126

15,488

16,455

19,700

23,690

28,339

29,130

29,081

33,135

36,666

35,864

34,170

33,312

28,136

33,220

36,359

33,909

35,313

32,096

29,277

31,397

46,384

44,316

49,749

41,988

15,973

12,498

4,919

17,519

33,213

31,216

29,055

20,032

9,168

8,726

7,431

1,468

354

0

0

0

Total noninterest income

376,209

415,861

393,475

387,076

381,128

400,149

426,755

428,286

545,000

521,963

427,076

448,855

371,464

377,099

462,508

454,417

421,617

467,088

503,664

472,513

431,652

343,213

280,458

273,777

272,183

267,382

230,599

210,523

202,824

192,254

261,319

372,376

381,729

464,366

410,802

297,872

323,845

406,214

535,393

556,840

0

0

0

Noninterest expense
Salaries and wages

563,946

551,112

541,568

537,594

530,909

527,691

520,445

511,466

503,451

490,610

491,102

473,976

456,209

443,746

421,104

422,334

428,170

429,742

430,620

403,453

375,397

349,279

323,569

318,207

312,170

308,936

306,275

306,487

307,471

307,036

307,428

308,630

307,968

308,088

306,340

303,190

301,541

297,897

287,493

276,517

0

0

0

Employee benefits

126,477

120,501

118,637

119,129

118,647

118,203

118,654

115,220

110,888

105,975

92,556

93,890

94,168

94,340

106,729

107,100

109,441

113,309

106,601

99,277

91,016

79,898

79,981

82,073

85,560

90,479

89,449

86,301

83,631

78,861

76,564

74,976

73,126

72,526

71,638

68,940

66,071

64,733

63,995

65,313

0

0

0

Occupancy expense

110,898

111,179

111,293

109,762

108,976

109,169

107,961

107,923

107,882

104,690

105,200

103,463

102,359

102,609

99,603

97,006

97,583

98,191

99,212

97,217

91,985

86,775

80,571

79,150

77,314

75,713

75,448

75,464

75,000

74,798

74,961

74,639

75,126

74,832

73,398

73,213

73,243

72,766

71,988

69,605

0

0

0

Equipment expense

113,400

112,290

110,887

107,997

104,675

102,909

100,370

98,377

97,864

97,478

96,834

96,683

94,744

92,501

92,151

90,862

91,443

92,639

91,247

87,567

83,852

79,084

76,193

76,248

75,365

75,538

77,141

76,302

75,602

74,822

71,714

71,209

70,726

69,951

69,608

69,381

68,470

66,894

64,660

62,158

0

0

0

Processing fees paid to third parties

32,835

29,552

27,614

27,661

28,910

30,017

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merchant processing

-

-

-

-

-

-

-

-

-

-

-

0

74,363

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cardholder processing

-

-

-

-

-

-

-

-

-

-

-

0

29,923

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FDIC insurance expense

11,470

10,664

10,336

13,082

15,817

18,890

21,855

22,118

22,331

22,191

22,541

22,888

21,771

20,967

19,758

18,895

18,858

18,340

18,543

16,525

14,614

12,979

10,571

10,362

10,145

10,175

10,712

10,022

10,265

10,656

10,704

11,456

11,291

16,459

19,323

22,397

26,505

23,167

22,835

30,756

0

0

0

Collection and foreclosure-related expenses

13,026

11,994

13,903

15,128

15,443

16,567

17,214

16,388

14,790

14,407

18,307

18,903

15,411

13,379

12,302

9,350

11,485

12,311

7,925

11,676

14,515

17,368

19,181

18,630

18,239

17,134

25,479

28,447

40,369

40,654

49,574

56,877

45,235

46,133

37,428

21,599

21,866

20,439

10,673

13,729

0

0

0

Merger-related expenses

19,679

17,166

12,021

9,255

7,583

6,462

4,903

4,339

8,780

9,015

8,402

11,604

6,136

5,341

8,112

8,027

11,215

14,174

16,905

14,731

13,608

13,064

7,408

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

144,324

139,283

140,598

144,361

145,605

147,063

124,215

137,188

143,977

142,430

128,600

125,624

134,192

145,907

112,995

138,221

155,285

172,440

211,398

193,643

173,431

152,835

190,310

187,544

186,418

193,014

188,498

187,913

184,828

179,315

188,843

195,756

202,756

204,936

205,406

197,440

192,758

187,480

174,432

160,267

0

0

0

Total noninterest expense

1,136,055

1,103,741

1,086,857

1,083,969

1,076,565

1,076,971

1,064,673

1,054,778

1,043,832

1,012,469

909,948

919,539

922,795

937,766

1,033,093

1,026,032

1,032,420

1,038,915

1,040,245

981,883

916,212

849,076

788,175

778,508

768,055

771,380

773,793

771,727

777,957

766,933

779,788

793,543

786,228

792,925

783,141

756,160

750,454

733,376

696,076

678,345

0

0

0

Income before income taxes

521,405

592,048

576,446

549,798

516,885

503,610

510,795

480,928

570,092

543,698

501,642

476,943

374,638

351,067

336,934

346,826

306,942

332,414

352,928

305,560

276,436

203,594

162,116

187,283

215,915

268,443

257,998

250,855

229,921

197,124

208,431

280,559

264,860

310,131

306,701

218,260

229,577

303,562

393,538

358,922

0

0

0

Income taxes

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

0

0

-

-

0

0

0

-

0

0

0

-

120,844

126,182

111,092

-

155,733

137,822

126,534

98,371

12,408

23,094

34,506

53,928

132,154

126,469

111,858

99,151

81,919

112,150

112,734

131,740

0

0

0

-

0

0

0

0

0

Net income

403,181

457,371

444,970

437,509

411,441

400,313

365,247

314,993

356,362

323,752

322,035

306,375

241,031

225,482

215,540

220,094

195,300

210,386

230,534

201,077

183,241

138,562

102,062

116,543

133,763

166,869

160,266

158,808

152,485

132,395

143,149

185,046

168,763

195,028

194,566

140,891

148,193

193,044

245,427

223,881

0

0

0

Less: Preferred stock dividends

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to common shareholders

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Average shares outstanding (in shares)

10,473

10,698

11,060

11,286

11,519

11,761

11,971

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,010

12,030

9,618

9,618

9,618

9,618

9,618

9,618

9,618

10,158

10,264

10,271

10,283

10,284

10,363

10,422

10,434

10,434

10,434

10,434

10,434

10,434

10,434

Net income per share

5.46

9.55

11.27

10.56

9.67

7.61

9.80

7.77

8.35

7.54

5.58

11.21

5.63

4.38

4.28

5.77

4.34

3.56

4.66

3.71

5.59

5.69

2.76

2.77

2.34

2.75

4.26

4.56

5.78

1.96

3.85

3.66

3.45

2.98

7.86

2.04

5.92

2.88

2.66

2.74

10.22

7.90

0.59

Wealth management services
Revenue from contract with customers

70,605

69,078

72,162

70,883

67,329

65,478

60,056

60,865

60,458

57,583

27,282

33,332

39,868

47,319

82,088

80,139

78,299

77,342

78,473

72,133

66,176

59,607

50,809

50,352

49,121

48,360

47,393

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Cardholder services, net
Revenue from contract with customers

24,357

24,304

24,316

24,139

24,162

24,504

23,169

22,840

22,162

22,678

-32,471

-12,820

5,616

20,900

92,644

89,470

87,304

84,207

82,918

76,469

69,434

64,075

57,518

56,849

57,059

56,024

55,838

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other service charges and fees
Revenue from contract with customers

106,539

105,191

104,964

103,846

104,008

105,486

105,735

105,692

105,602

101,201

96,426

93,629

89,651

89,359

89,862

89,861

90,338

90,546

91,478

83,814

76,718

69,100

60,427

60,484

60,102

60,661

61,536

61,539

61,717

61,564

61,274

62,114

62,831

63,775

65,316

66,990

70,725

73,762

76,739

77,839

0

0

0

Merchant services, net
Revenue from contract with customers

100,652

99,241

99,209

98,456

99,398

97,966

96,146

92,921

89,326

86,719

83,497

82,178

81,549

80,221

79,047

81,355

81,619

82,865

84,421

77,855

72,115

66,115

61,256

60,711

59,993

59,628

59,546

58,563

57,996

57,236

55,970

55,852

55,441

54,974

54,014

52,829

52,932

51,378

50,853

49,508

0

0

0

ATM income
Revenue from contract with customers

32,014

31,644

31,542

30,956

30,548

30,606

29,906

29,328

28,200

28,321

26,620

27,114

27,623

27,011

28,287

26,928

25,521

23,987

22,958

20,751

19,271

17,760

16,116

16,158

15,874

15,696

15,622

14,956

14,564

14,239

14,866

17,745

20,131

22,647

24,501

22,979

22,129

20,820

18,570

17,904

0

0

0

Mortgage income
Revenue from contract with customers

-

-

0

0

-

-

0

0

0

-

0

0

26,613

-

15,736

13,896

14,930

18,168

17,471

13,783

9,422

5,828

4,660

5,773

8,232

11,065

13,088

12,430

8,936

8,072

2,476

4,851

7,206

6,597

12,190

11,209

10,603

9,699

9,192

8,548

0

0

0

Realized gains on investment securities available for sale, net
Revenue from contract with customers

13,207

12,810

12,336

12,131

12,217

12,702

12,921

13,060

12,683

12,465

11,967

11,828

11,530

11,150

11,257

11,447

11,638

11,757

11,865

11,342

11,139

11,129

10,510

10,860

11,001

10,694

10,558

10,354

10,198

9,974

9,717

9,345

9,387

9,165

9,080

8,864

8,378

8,650

8,506

8,351

0

0

0

Gain on extinguishment of debt
Revenue from contract with customers

6,207

6,296

6,444

6,728

7,320

7,980

8,568

9,245

9,541

9,143

8,647

7,959

7,291

7,283

7,348

7,240

7,220

7,119

7,016

6,415

5,850

5,388

4,889

5,006

5,060

5,026

5,078

5,025

4,992

5,279

5,606

5,796

5,885

6,020

5,985

6,262

6,591

6,656

6,794

6,836

0

0

0

Retained Earnings
Net Income (Loss) Attributable to Parent

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-