First Citizens BancShares Results Presentation Deck
3Q23 Deposit Composition
($ in billions, except average account size)
Type
16%
36%
12%
29%
43%
First Citizens
BancShares
Money market & savings ($62.6)
64%
Noninterest-bearing demand ($43.1)
Checking with interest ($23.5)
Uninsured vs Insured (1)
Time deposits ($17.0)
Insured
(1)
Uninsured
28%
5%
General Bank
Sub-total
Commercial Bank
Corporate & Other (2)
SVB
24%
Sub-total
Total
$
$
Segment
$
40%
Average Account Size and Insured (¹) vs. Uninsured by Segment
Insured % (1)
Total deposits
101.0 B
Average size
38,256
284,797
7,312,500
40,058
$
3.4 B
Average Account Size by Segment
1.9 B
106.3 B
40.0 B
■
40.0 B
146.2 B
General Banking:
Branch Network, Wealth & Other ($58.2)
Direct Bank ($35.6)
Community Association Banking ($7.2)
Commercial Banking and Corporate:
Commercial Bank ($3.4)
Corporate ($1.9)
SVB ($40.0)
$
$
$
$
SVB:
313,741
313,741
52,599
79%
13%
94%
78%
28%
28%
64%
Note - Totals may not foot due to rounding.
(1) Public funds total $3.6 billion at 9/30/23, of which $3.4 billion are considered uninsured for regulatory reporting purposes. However, these deposits are collateralized and
included as part of the total insured calculation above.
(2) Corporate consists primarily of brokered deposits which are pooled into one account then associated with multiple customers who have balances under FDIC insurance limits.
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