Bank Safety Analysis
Is First Citizens Bank (First-Citizens Bank & Trust Company) Safe? Raleigh, North Carolina
Based on its Q2 2026 call report, First-Citizens Bank & Trust Company meets every capital ratio test for well capitalized, its Texas ratio is 7.42%, and its deposits are FDIC insured up to $250,000 per depositor.
BankRegReports is independent of First-Citizens Bank & Trust Company and never asks for online banking logins or passwords.
Short answer: is First-Citizens Bank & Trust Company safe?
On its Q2 2026 call report, First-Citizens Bank & Trust Company's CET1 ratio is 12.41%, above the 6.5% well-capitalized threshold.
- CET1 ratio (Q2 2026): 12.41%
- Tier 1 leverage ratio (Q2 2026): 9.75%
- Texas ratio (Q2 2026): 7.42%
- Noncurrent loans ratio (Q2 2026): 1.12%
First-Citizens Bank & Trust Company is an FDIC-insured commercial bank (FDIC Certificate #11063). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report First-Citizens Bank & Trust Company (FDIC Certificate #11063) filed for the quarter ended June 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures · what these ratios mean · how we score.
First-Citizens Bank & Trust Company passes all 5 safety dimensions, with capital, asset quality, and stress buffers above the concern bands. Analysis based on the Q2 2026 call report.
Return on assets rose 0.13 percentage points from Q1 2026 to Q2 2026, ending at 1.09% against 0.96%. It was the largest change among the key lines on this page. First-Citizens Bank & Trust Company ranks 21st of 26 North Carolina banks on CET1 ratio, in the lower half at 12.41% (Q2 2026). The median for banks in the $100B-250B asset tier is 12.27% on CET1 ratio; First-Citizens Bank & Trust Company reported 12.41% for Q2 2026, nearly level with it. From Q3 2023 to Q2 2026, First-Citizens Bank & Trust Company's CET1 ratio ranged between 12.35% (Q3 2025) and 13.97% (Q4 2023) and its Texas ratio ranged between 4.93% (Q3 2023) and 7.42% (Q2 2026). Between Q2 2025 and Q2 2026, First-Citizens Bank & Trust Company's CET1 ratio fell from 12.85% to 12.41%, nonperforming loan ratio (nonaccrual plus 90+ days past due) rose from 1.05% to 1.12%, Texas ratio rose from 6.54% to 7.42% and return on assets rose from 1.05% to 1.09%.
Data as of · sourced from FFIEC call reports. How we update
This bank has more than $10 billion in assets. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety. The page therefore shows no score or tier for it.
How does First-Citizens Bank & Trust Company score on capital, credit and costs?
Peer cohort: $100B to $250B (15 banks) · Industry averages as of Q2 2026.
CET1 of 12.41% sits comfortably above the 6.5% well-capitalized threshold under Prompt Corrective Action and the 7.0% level required once the capital conservation buffer is included.
Tier 1 leverage of 9.75% is above the 5% well-capitalized threshold.
Nonperforming loans at 1.12% are within industry-normal range.
Texas Ratio of 7.4% is well below the 100% historical failure threshold.
Efficiency ratio of 65.1% is inside the 75% pass line, though above the 65% level typical of lower-cost banks.
Does First-Citizens Bank & Trust Company trip any risk screens?
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | 12.41% | Flags below 7% | Within range |
| Texas ratio BankRegReports band | 7.42% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 1.12% | Flags at 3% or above | Within range |
| Uninsured deposit share BankRegReports band | 37.40% | Watch at 50%, concern at 70% | Within range |
| Loan-to-deposit ratio BankRegReports band | 86.88% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 94.81% | Watch at 200%, concern at 300% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 5.21% | Watch at 10%, concern at 25% | Within range |
Capital ratio: last 12 quarters
| Quarter | CET1 (%) |
|---|---|
| Q2 2026 | 12.41% |
| Q1 2026 | 12.59% |
| Q4 2025 | 12.55% |
| Q3 2025 | 12.35% |
| Q2 2025 | 12.85% |
| Q1 2025 | 13.16% |
| Q4 2024 | 13.34% |
| Q3 2024 | 13.26% |
| Q2 2024 | 13.67% |
| Q1 2024 | 13.91% |
| Q4 2023 | 13.97% |
| Q3 2023 | 13.85% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 7.42% |
| Q1 2026 | 7.17% |
| Q4 2025 | 6.79% |
| Q3 2025 | 7.20% |
| Q2 2025 | 6.54% |
| Q1 2025 | 6.21% |
| Q4 2024 | 5.75% |
| Q3 2024 | 6.10% |
| Q2 2024 | 5.70% |
| Q1 2024 | 5.53% |
| Q4 2023 | 5.05% |
| Q3 2023 | 4.93% |
How have First-Citizens Bank & Trust Company's safety ratios changed?
| Quarter end | CET1 | NPL ratio | Texas ratio | ROA |
|---|---|---|---|---|
| Jun 30, 2026 | 12.41% | 1.12% | 7.42% | 1.09% |
| Mar 31, 2026 | 12.59% | 1.12% | 7.17% | 0.96% |
| Dec 31, 2025 | 12.55% | 1.05% | 6.79% | 1.06% |
| Sep 30, 2025 | 12.35% | 1.11% | 7.20% | 1.00% |
| Jun 30, 2025 | 12.85% | 1.05% | 6.54% | 1.05% |
| Mar 31, 2025 | 13.16% | 0.96% | 6.21% | 0.88% |
| Dec 31, 2024 | 13.34% | 0.92% | 5.75% | 1.24% |
| Sep 30, 2024 | 13.26% | 0.99% | 6.10% | 1.15% |
| Jun 30, 2024 | 13.67% | 0.93% | 5.70% | 1.31% |
| Mar 31, 2024 | 13.91% | 0.91% | 5.53% | 1.38% |
| Dec 31, 2023 | 13.97% | 0.82% | 5.05% | 0.97% |
| Sep 30, 2023 | 13.85% | 0.76% | 4.93% | 1.43% |
What do these ratios mean?
CET1 Ratio
Common equity tier 1 (CET1) capital, mostly common stock and retained earnings, divided by risk-weighted assets. It is the most-watched single capital ratio in US bank supervision. CET1 Ratio in the glossary.
Tier 1 Leverage Ratio
Tier 1 capital divided by average total assets, with no risk weighting. It caps how far a bank can grow its balance sheet on its capital. Tier 1 Leverage Ratio in the glossary.
Nonperforming Loans (NPL) Ratio
Nonaccrual loans plus loans 90 or more days past due, divided by total loans. Regulators call these noncurrent loans, the name the short answer above uses. Nonperforming Loans (NPL) Ratio in the glossary.
Texas Ratio
Problem assets (nonaccrual loans, loans 90 or more days past due and foreclosed real estate) divided by tangible equity plus the loan-loss reserve. Readings above 100% have historically come before bank failures. Texas Ratio in the glossary.
Efficiency Ratio
Noninterest expense divided by revenue (net interest income plus noninterest income). Lower is better: it is what the bank spends to earn each dollar. Efficiency Ratio in the glossary.
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is First-Citizens Bank & Trust Company FDIC insured?
Yes. First-Citizens Bank & Trust Company is an FDIC-insured commercial bank (FDIC Certificate #11063). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is First-Citizens Bank & Trust Company well capitalized?
On its Q2 2026 call report, First-Citizens Bank & Trust Company's CET1 ratio is 12.41%, above the 6.5% well-capitalized threshold. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are First-Citizens Bank & Trust Company's key safety ratios?
For Q2 2026, First-Citizens Bank & Trust Company reports CET1 12.41%, leverage 9.75%, Texas ratio 7.42%, noncurrent loans 1.12%. The Texas ratio compares problem assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
What happens to my deposits if First-Citizens Bank & Trust Company fails?
Insured deposits are protected up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC pays insured depositors as soon as possible, usually the next business day.
Add this badge to your website
Free to use. It shows First-Citizens Bank & Trust Company’s latest filed figures and updates each quarter.
Where does this data come from?
Source: the FFIEC call report First-Citizens Bank & Trust Company (FDIC Certificate #11063) filed for the quarter ended June 30, 2026. BankRegReports computes every ratio on this page from that filing.
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice.
FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 11063) · FFIEC NIC profile (RSSD 491224)
Explore: Full First-Citizens Bank & Trust Company profile · Other banks in NC · Metric glossary · How the call report works