Bank · Raleigh, NC
First-Citizens Bank & Trust Company
Made 72 SBA 7(a) change-of-ownership loans totaling $123.6M in FY2024 to FY2026: #49 of 1,054 lenders by loans and #32 by dollars. Lends in 19 states. Part of First Citizens Bancshares Inc.
#49by loans, FY24–26
72loans
$123.6Mapproved
$1.4Mmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 13 | $20.1M | $1.0M | 0.2% |
| FY2025 | 21 | $42.0M | $1.5M | 0.3% |
| FY2026 | 38 | $61.5M | $1.4M | 0.6% |
Loan size
Deal size mix
61% of its loans were $1M or more.
- Under $350K1 loans · 1% · $284K
- $350K to $1M27 loans · 38% · $18.3M
- $1M to $2M21 loans · 29% · $30.5M
- $2M to $5M23 loans · 32% · $74.6M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Administrative & Support, Waste Mgmt | 10 | $12.7M |
| Professional, Scientific & Technical Services | 9 | $12.1M |
| Retail Trade | 8 | $7.9M |
| Health Care & Social Assistance | 8 | $13.4M |
| Other Services | 8 | $12.0M |
| Construction | 6 | $11.3M |
| Accommodation & Food Services | 5 | $8.7M |
| Transportation & Warehousing | 4 | $10.9M |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Florida | 12 | $21.3M |
| North Carolina | 11 | $23.1M |
| California | 9 | $14.0M |
| South Carolina | 8 | $13.5M |
| Georgia | 7 | $17.1M |
| Virginia | 6 | $9.9M |
| Texas | 3 | $4.0M |
| Washington | 3 | $4.0M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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