First Citizens Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 6.96% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 6.96% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 13.75% +7.25 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $220.6M | 220,605 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.60B | 1,604,733 | RCOAA223 |
| Recomputed ratio | 13.75% | numerator / denominator | |
| Filed ratio | 13.75% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +7.25 pp | $116.3M | capital that could be lost first |
Tier 1 risk-based capital ratio 13.75% +5.75 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $220.6M | 220,605 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.60B | 1,604,733 | RCOAA223 |
| Recomputed ratio | 13.75% | numerator / denominator | |
| Filed ratio | 13.75% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +5.75 pp | $92.2M | capital that could be lost first |
Total risk-based capital ratio 14.96% +4.96 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $240.1M | 240,050 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.60B | 1,604,733 | RCOAA223 |
| Recomputed ratio | 14.96% | numerator / denominator | |
| Filed ratio | 14.96% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +4.96 pp | $79.6M | capital that could be lost first |
Tier 1 leverage ratio 11.96% +6.96 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $220.6M | 220,605 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $1.84B | 1,844,236 | RCOAA224 |
| Recomputed ratio | 11.96% | numerator / denominator | |
| Filed ratio | 11.96% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +6.96 pp | $128.4M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 36,541 | 36,541 | 36,541 | 36,541 | 36,541 | 36,541 | RCOAP742 |
| Retained earnings | 184,064 | 184,018 | 180,243 | 174,375 | 172,413 | 173,868 | RCOAKW00 |
| Accumulated other comprehensive income | (15,426) | (15,429) | (12,552) | (15,235) | (24,511) | (24,662) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 205,179 | 205,130 | 204,232 | 195,681 | 184,443 | 185,747 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 15,426 | 15,429 | 12,552 | 15,235 | 24,511 | 24,662 | P859 - P840 |
| Common equity Tier 1 capital | 220,605 | 220,559 | 216,784 | 210,916 | 208,954 | 210,409 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 220,605 | 220,559 | 216,784 | 210,916 | 208,954 | 210,409 | RCOA8274 |
| Tier 2 capital | 19,445 | 19,931 | 19,811 | 19,823 | 19,818 | 19,333 | RCOA5311 |
| Allowance includable in Tier 2 capital | 19,445 | 19,931 | 19,811 | 19,823 | 19,818 | 19,333 | RCOA5310 |
| Total capital | 240,050 | 240,490 | 236,595 | 230,739 | 228,772 | 229,742 | RCOA3792 |
| Total risk-weighted assets | 1,604,733 | 1,594,168 | 1,584,693 | 1,585,703 | 1,625,836 | 1,649,088 | RCOAA223 |
| Average total assets for the leverage ratio | 1,844,236 | 1,826,112 | 1,888,215 | 1,874,863 | 1,869,421 | 1,872,203 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $67.9M | $2.9M | 4.23% | 0.18% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $360.4M | $86.5M | 23.99% | 5.39% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $184.3M | $102.8M | 55.79% | 6.41% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $70.2M | $105.4M | 150.00% | 6.57% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $1.8M | $1.8M | 103.30% | 0.11% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $1.07B | $1.06B | 98.50% | 65.83% | RC-R Part II, item 4.d, 5.d |
| All other assets | $71.0M | $70.5M | 99.34% | 4.40% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $166.2M | $175.2M | 105.41% | 10.92% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $79K | $21K | 27.09% | 0.00% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $3.2M | NA | 0.20% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $1.60B | ties to item 31 ($1.60B) |
|---|---|---|
| Risk-weighted assets before deductions | $1.60B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $1.60B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 13.75% | 13.75% | 14.96% | 11.96% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 13.84% | 13.84% | 15.09% | 12.08% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 13.68% | 13.68% | 14.93% | 11.48% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 13.30% | 13.30% | 14.55% | 11.25% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 12.85% | 12.85% | 14.07% | 11.18% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 12.76% | 12.76% | 13.93% | 11.24% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 12.50% | 12.50% | 13.64% | 11.20% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 12.23% | 12.23% | 13.30% | 11.08% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 11.70% | 11.70% | 12.71% | 11.38% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 11.77% | 11.77% | 12.77% | 11.51% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 11.96% | 11.96% | 12.97% | 11.56% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 12.31% | 12.31% | 13.32% | 11.89% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| First Citizens Bank (this bank) | Risk-based | 13.75% | 13.75% | 14.96% | 11.96% | |
| Old Dominion National Bank | $1.80B | Risk-based | 13.99% | 13.99% | 14.92% | 11.75% |
| North Dallas Bank & Trust Co. | $1.81B | CBLR | NA | NA | NA | 10.22% |
| Ccfbank N.A. | $1.81B | Risk-based | 12.94% | 12.94% | 14.19% | 11.21% |
| Bank of New England | $1.82B | CBLR | NA | NA | NA | 16.78% |
| First National Bank of Central Texas | $1.77B | Risk-based | 14.55% | 14.55% | 15.80% | 10.83% |
| Waterford Bank, N.A. | $1.77B | Risk-based | 11.43% | 11.43% | 12.61% | 10.45% |
| Column N.A. | $1.77B | Risk-based | 25.03% | 25.03% | 25.37% | 8.43% |
| Peoples Bank | $1.76B | Risk-based | 14.55% | 14.55% | 15.42% | 11.50% |
| Peer 25th percentile | 13.20% | 13.20% | 14.38% | 10.39% | ||
| Peer median | 14.27% | 14.27% | 15.17% | 11.02% | ||
| Peer 75th percentile | 14.55% | 14.55% | 15.71% | 11.56% | ||
| This bank's percentile | 33 | 33 | 50 | 88 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/186744/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.