First Citizens Bank and Trust Company, Inc.

Headquarters

1230 Main Street
Columbia, SC 29201
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.00% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Citizens Bank and Trust Company, Inc. is an FDIC insured institution located in Columbia, SC. It was founded in 1936 and has approximately $8.35 billion in assets.

FDIC Insured Yes
FDIC Certificate # 15504
Date Established 1936
Assets $ 8.21 billion
Loans $ 4.59 billion
Deposits $ 7.18 billion
Capital $ 745.61 million
 

For a more detailed analysis of First Citizens Bank and Trust Company, Inc.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Citizens Bank and Trust Company, Inc.

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.574% 2.500% 1.00 $2,445 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to First Citizens Bank and Trust Company, Inc.
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Branches

First Citizens Bank and Trust Company, Inc. branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Citizens Bank and Trust Company, Inc. Locations


Financial Details

First Citizens Bank and Trust Company, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Citizens Bank and Trust Company, Inc.. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Citizens Bank and Trust Company, Inc. U.S. Bank Average
21.19% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, First Citizens Bank and Trust Company, Inc. had $127,814,000 in non-current loans and $40,302,000 in owned real estate. To cover these potential losses it had $745,606,000 in equity and $47,736,000 in loans loss reserves. That gives it a Texas Ratio of 21.19%.

Return on Equity
First Citizens Bank and Trust Company, Inc. U.S. Bank Average
-18.74% 7.80%

First Citizens Bank and Trust Company, Inc. has a Return on Equity of -18.74% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Citizens Bank and Trust Company, Inc. U.S. Bank Average
9.08% 12.68%

First Citizens Bank and Trust Company, Inc. has a Capitalization of 9.08% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Citizens Bank and Trust Company, Inc. Balance Sheet Analysis

As of September 30, 2014, First Citizens Bank and Trust Company, Inc. had assets of $8,346,821,000, loans of $4,587,819,000, and deposits of $7,179,674,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 4.59 billion
Loan loss allowance $ 47.74 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 40.30 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 7.18 billion
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 8.21 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Citizens Bank and Trust Company, Inc.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in South Carolina, First Citizens Bank and Trust Company, Inc. has a significantly higher percent of Credit Card Loans, Consumer Auto Loans, Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 43.90
Multifamily
Mortgages
0.99
Credit Card Loans 1.09
Consumer Auto Loans 13.07
Small Business Loans 13.09
Construction and Development Loans 3.98
Commercial Real Estate 22.40
Commercial and Industrial Loans 6.89
Farm Loans 0.63

Frequently Asked Questions About First Citizens Bank And Trust Company, Inc.

Branches and Savings

Is First Citizens Bank And Trust Company, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #15504.

Why does First Citizens Bank And Trust Company, Inc. pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Citizens Bank And Trust Company, Inc. CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Citizens Bank And Trust Company, Inc. a commercial bank?

Yes

Where are First Citizens Bank And Trust Company, Inc. locations?

See branch locations nearby.

Is First Citizens Bank And Trust Company, Inc. open on Saturdays?

Is First Citizens Bank And Trust Company, Inc. open on Sundays?

What time does First Citizens Bank And Trust Company, Inc. open?

What time does First Citizens Bank And Trust Company, Inc. close?

Are First Citizens Bank And Trust Company, Inc. ATMs Open 24/7?

Do First Citizens Bank And Trust Company, Inc. ATMs accept cash deposits?

Can First Citizens Bank And Trust Company, Inc. customers use other ATMs?

Do First Citizens Bank And Trust Company, Inc. branches have notaries?

Will First Citizens Bank And Trust Company, Inc. notarize my document?

What address for First Citizens Bank And Trust Company, Inc. should I put for incoming ACH transfers?

Will the First Citizens Bank And Trust Company, Inc. branch print checks?

Do First Citizens Bank And Trust Company, Inc. checks expire?

Does First Citizens Bank And Trust Company, Inc. require US citizenship to open account?

Can First Citizens Bank And Trust Company, Inc. close my account?

Does First Citizens Bank And Trust Company, Inc. Report to credit bureaus?

Does First Citizens Bank And Trust Company, Inc. Use Equifax?

What is First Citizens Bank And Trust Company, Inc.'s ACH Routing Number?

What is First Citizens Bank And Trust Company, Inc.'s SWIFT code?

Products

Does First Citizens Bank And Trust Company, Inc. offer mortgages?

Compare mortgage rates here.

Does First Citizens Bank And Trust Company, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Citizens Bank And Trust Company, Inc. offer personal loans?

Compare personal loan rates here.

Does First Citizens Bank And Trust Company, Inc. offer student loans?

Will First Citizens Bank And Trust Company, Inc. cash a check?

Will First Citizens Bank And Trust Company, Inc. redeem a savings bond?

Does First Citizens Bank And Trust Company, Inc. cash savings bonds?

Will First Citizens Bank And Trust Company, Inc. cash money orders?

Can First Citizens Bank And Trust Company, Inc. issue a money order?

Does First Citizens Bank And Trust Company, Inc. do currency exchange?

Background on The Bank

Who owns First Citizens Bank And Trust Company, Inc.?

How long has First Citizens Bank And Trust Company, Inc. been around?

Can First Citizens Bank And Trust Company, Inc. transfer to other banks?

Does First Citizens Bank And Trust Company, Inc. have quick pay?

Does First Citizens Bank And Trust Company, Inc. accept rolled coins?

Will First Citizens Bank And Trust Company, Inc. accept loose change?

Where is First Citizens Bank And Trust Company, Inc. headquarters?

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