SBA lender profile
First-Citizens Bank & Trust Company
First-Citizens Bank & Trust Company appears in the public SBA loan data with 691 funded 7(a) loans totaling $689.3M, an average of $997K per loan, and an estimated 11,703 jobs supported. Its SBA lending concentrates in California and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 0.1%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
691
Total volume
$689.3M
Average loan size
$997K
Charge-off rate
0.1%
Share of funded loans charged off
Jobs supported (reported)
11,703
Programs
7(a)
Bank profile
via FDIC- Total assets
- $235.5B
- Headquarters
- Raleigh, NC
- FDIC cert
- #11063
- Status
- Active
Where First-Citizens Bank & Trust Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 174 | $179.2M |
| South Carolina | 68 | $69.9M |
| North Carolina | 84 | $64.9M |
| Florida | 69 | $55.9M |
| Washington | 43 | $51.6M |
| Texas | 42 | $51.2M |
What First-Citizens Bank & Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 193 | $199.9M |
| Professional and Technical Services | 87 | $88.3M |
| Retail Trade | 79 | $55.0M |
| Other Services | 49 | $53.7M |
| Manufacturing | 38 | $51.0M |
| Construction | 57 | $50.6M |
First-Citizens Bank & Trust Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 82 | $64.2M |
| 2021 | 128 | $116.0M |
| 2022 | 97 | $90.1M |
| 2023 | 103 | $108.6M |
| 2024 | 95 | $109.1M |
| 2025 | 117 | $138.4M |
| 2026 | 69 | $63.0M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of First-Citizens Bank & Trust Company's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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