First Citizens Bancshares Inc /De/ (FCNCN) Interest Expense - Fed Funds (2019 - 2021)

First Citizens Bancshares (FCNCN) has reported Interest Expense - Fed Funds for 3 consecutive years, with $260000.0 the latest figure, recorded in Q4 2021.

• In Q4 2021, Interest Expense - Fed Funds fell 30.48% year-over-year to $260000.0; the TTM figure through Dec 2021 stood at $1.3 million (down 18.51% YoY), while the FY2021 annual figure was $1.3 million, down 18.51% from the prior year.
• Interest Expense - Fed Funds fell to $260000.0 in Q4 2021 per FCNCN's latest filing, from $358000.0 in the prior quarter.
• Across five years, Interest Expense - Fed Funds topped out at $542000.0 in Q3 2019 and bottomed at $260000.0 in Q4 2021.
• Historically, Interest Expense - Fed Funds has averaged $409750.0 across 3 years, with a median of $397000.0 in 2020.
• Annual changes were most pronounced in 2020 — Interest Expense - Fed Funds decreased 3.7% — and 2021, when it tumbled 30.48%.
• First Citizens Bancshares' Interest Expense - Fed Funds stood at $479000.0 in 2019, then retreated by 21.92% to $374000.0 in 2020, then sank by 30.48% to $260000.0 in 2021.
• Business Quant data shows FCNCN's Interest Expense - Fed Funds at $260000.0 in Q4 2021, $358000.0 in Q3 2021, and $356000.0 in Q2 2021.