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Q2 2026 · read from the 30 June 2026 Call Report · United States · Southeast · North Carolina, the state note

First-citizens Bank & Trust Co.

Raleigh, North Carolina · $236.32B in assets · beside the 11 other the Southeast banks over $10B (the state alone holds too few in the band to rank)

The filing

65.6%
Efficiency
12th of 12
89.4%
CRE / capital
2nd of 12
14.5%
CRE / loans
3rd of 12

First-citizens Bank & Trust Co. is the largest of the 12 the Southeast banks nearest its size over $10B, with $236.32B in assets at 30 June 2026. Loans are 86.9% of deposits, 4th of 12 against a median of 90.3%, and equity is 9.8% of assets, 8th of 12. Loans grew +6.8% in the year, 5th of 12, and deposits grew 8.5%; the cohort's median loan growth is +5.2%.

Noncurrent loans are 1.12% of the book, 9th of 12 against a median of 0.69%; 0.35% is 30 to 89 days past due, and the allowance covers them 0.9 times. Net charge-offs are 0.29% of loans, 11th of 12. Commercial real estate is 14.5% of loans, 3rd of 12 against a median of 34.8%, and 89% of capital, below the 300% screen, with construction at 30% against the 100% screen.

Return on assets is 1.02%, 9th of 12 against a median of 1.30%, on an efficiency ratio of 65.6%, the highest in the cohort. Five years ago it was 1.06%. The question is which of these lines moves first over the next four quarters, and against which peer.

The efficiency ratioSoutheast banks over $10B · 30 June 2026 · lower is stronger, listed first
median 52.8% RJ Raymond James Bank 35.4% CN City National Bank of Florida 45.1% UB United Bank 46.3% AU Atlantic Union Bank 50.4% EN Everbank National Association 51.8% SB Southstate Bank N.A. 52.7% WB Wesbanco Bank Inc 52.9% HB HSBC Bank USA National Association 55.4% UC United Community Bank 57.0% BN Bankunited National Association 57.7% AB Ameris Bank 61.0% FB First-citizens Bank & Trust Co. 65.6%
Loans, year over yearSoutheast banks over $10B · 30 June 2026 · no better direction, largest first
median +5.2% EN Everbank National Association +12.3% SB Southstate Bank N.A. +7.7% CN City National Bank of Florida +7.7% RJ Raymond James Bank +7.5% FB First-citizens Bank & Trust Co. +6.8% UC United Community Bank +5.4% AB Ameris Bank +5.0% AU Atlantic Union Bank +4.9% UB United Bank +3.9% WB Wesbanco Bank Inc +3.1% BN Bankunited National Association -0.1% HB HSBC Bank USA National Association -4.5%

SBA 7(a), FY2008 to FY2026

First-citizens Bank & Trust Co. is the 34th largest 7(a) lender into California of 512, with $452M across 570 loans, 0.7% of everything approved in the state (Wells Fargo Bank National Association leads with $5.56B). 268 of its 461 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in California, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Los Angeles, CA$140M37th of 3080.7%-0.3 pts
San Diego, CA$81M14th of 2381.5%-0.4 pts
Maricopa, AZ$61M32nd of 3030.8%-0.3 pts
Riverside, CA$45M22nd of 2191.3%-1.7 pts
Orange, CA$41M39th of 2560.6%-0.1 pts
King, WA$37M32nd of 1930.8%-0.2 pts
Hillsborough, FL$35M19th of 1951.6%+0.1 pts
Sacramento, CA$34M17th of 1701.5%-1.1 pts
Wake, NC$31M14th of 1811.8%+1.3 pts
Duval, FL$31M8th of 1712.3%+3.0 pts
Harris, TX$29M61st of 3140.4%+0.2 pts
Pinellas, FL$29M17th of 1711.8%-0.2 pts
Dallas, TX$26M50th of 3140.5%-0.2 pts
448 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Health care & social assistance502$397M20.5%0.84%23rd of 2,172
Accommodation & food services412$309M16.0%0.40%60th of 2,596
Retail trade316$202M10.4%0.33%59th of 2,589
Professional & technical services262$194M10.1%0.60%33rd of 1,955
Other services214$164M8.5%0.47%47th of 2,248
7(a) lenders into California, share of approvals since FY2008512 lenders on record; the ten largest and First-citizens Bank
WF Wells Fargo Bank National Associa… 8.5% $5.56B · 15,065 loans UB U.S. Bank, National Association 7.3% $4.78B · 14,424 loans LO Live Oak Banking Company 4.5% $2.95B · 2,312 loans EB Enterprise Bank & Trust 4.3% $2.82B · 2,975 loans Bo Bank of Hope 3.9% $2.57B · 6,200 loans CB Columbia Bank 3.6% $2.33B · 3,734 loans JC JPMorgan Chase Bank, National Ass… 2.8% $1.86B · 9,370 loans OB Open Bank 2.5% $1.65B · 1,421 loans HS Harvest Small Business Finance, L… 2.4% $1.59B · 1,278 loans CB Celtic Bank Corporation 2.4% $1.57B · 2,551 loans FB First-citizens Bank & Trust Compa… 0.7% $452M · 570 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
First-citizens BankRankCohort median
Total CRE against capital, the 300% screen89%2nd of 12237%
Construction against capital, the 100% screen30%5th of 1241%
Construction and land development, share of loans4.9%5th of 126.1%
Non-owner-occupied nonfarm nonresidential, share of loans7.7%3rd of 1221.7%
Total CRE, the guidance definition, share of loans14.5%3rd of 1234.8%
CRE growth over 36 months, the third prong+21.6%7th of 12+20.8%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
First-citizens Bank & Trust Co.$236.32B1.0%65.6%1.12%0.29%1.0%86.9%9.8%
HSBC Bank USA National Association$173.10B1.0%55.4%1.45%0.16%0.6%39.2%9.6%
Southstate Bank N.A.$68.79B1.4%52.7%0.54%0.07%1.1%90.9%14.1%
Everbank National Association$46.69B1.0%51.8%1.42%0.02%0.8%98.0%9.2%
Raymond James Bank$45.60B1.7%35.4%0.28%0.04%0.9%89.8%7.3%
Atlantic Union Bank$38.02B1.6%50.4%0.50%0.02%1.0%93.8%15.2%
Bankunited National Association$34.86B0.9%57.7%1.69%0.36%0.9%82.3%9.1%
United Bank$33.64B1.5%46.3%0.44%0.09%1.2%91.6%16.7%
City National Bank of Florida$29.11B1.2%45.1%0.81%0.09%1.1%93.2%10.6%
United Community Bank$28.99B1.4%57.0%0.51%0.18%0.8%83.0%11.8%
Ameris Bank$28.42B1.2%61.0%0.57%0.20%1.6%99.8%14.3%
Wesbanco Bank Inc$27.75B1.4%52.9%0.86%0.09%1.1%89.7%15.2%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
First-citizens BankCohort median
20212026Change20212026Change
Loans$32.87B$151.12B+360%$20.17B$26.86B+33%
Deposits$48.55B$173.95B+258%$24.40B$29.84B+22%
NPA / loans0.58%1.12%+0.54 pts0.47%0.69%+0.22 pts
Efficiency68.5%65.6%-2.9 pts54.4%52.8%-1.6 pts
ROA1.06%1.02%-0.04 pts1.30%1.30%+0.01 pts

This read was prepared for First-citizens Bank & Trust Co.'s board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on First-citizens Bank & Trust Co. is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort Southeast banks over $10B
Institution www.firstcitizens.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by New England and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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