First Citizens BancShares Results Presentation Deck

Allowance and Credit Quality Trends ($ in millions) Net charge-offs (NCO) & NCO ratio 0.10% $18 3Q22 $454 0.65% 0.14% 3Q22 $24 4Q22 $627 0.89% 4Q22 NCO $ Nonaccrual loans First Citizens BancShares 0.27% $50 1Q23 Nonaccrual loans / total loans & leases $828 0.60% $157 1Q23 0.47% 2Q23 NCO ratio $929 0.70% $176 2Q23 0.53% 3Q23 $899 0.68% 3Q23 Nonaccrual loans to total loans Adjusted provision for credit losses (1) $60 3Q22 $882 1.26% 3Q22 $79 4Q22 $922 1.30% 4Q22 $63 1Q23 Allowance (ALLL) & ALLL ratio ALLL Provision for credit losses $1,605 $152 1.16% 2Q23 1Q23 $1,637 1.23% 2Q23 ALLL ratio $195 3Q23 $1,673 1.26% 3Q23 (1) Adjusted provision for credit losses excludes CECL Day 2 charges and provision (benefit) expense for credit losses on available for sale securities. Refer to the Non-GAAP Section V of this presentation for notable item details and a reconciliation of the Non-GAAP to GAAP measures. 27

View entire presentation