{"schema_version":"secwatch.filing_event.v1","accession":"0000798941-21-000043","form_type":"8-K","ticker":"FCNCA","cik":"0000798941","company_name":"FIRST CITIZENS BANCSHARES INC /DE/","filed_at":"2021-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.625306+00:00","generated_at":"2026-06-28T17:42:10.738839+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Citizens Q3 net income $124.1M, down 13% YoY; EPS $12.17 vs $14.03; NIM 2.61%","bullets":["Net income fell to $124.1M from $142.7M YoY; diluted EPS $12.17 vs $14.03.","Net interest margin compressed 45bp to 2.61% from 3.06% YoY due to excess liquidity and lower loan yields.","Total loans ex-SBA PPP grew 5.6% annualized in Q3; deposits up 13.6% annualized linked quarter.","Provision for credit losses was a net benefit of $1.1M vs $4.0M expense YoY; ACL at 0.56% of loans.","CIT merger extended to March 1, 2022; awaiting Federal Reserve approval; no share repurchases in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0000798941-21-000043","json":"https://secwatch.observer/filing/0000798941-21-000043.json","markdown":"https://secwatch.observer/filing/0000798941-21-000043.md","text":"https://secwatch.observer/filing/0000798941-21-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/798941/000079894121000043/0000798941-21-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/798941/000079894121000043/fcnca-20211027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T17:42:10.738839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}