First Citizens Buys Silicon Valley Bank Deposits, Loans

First Citizens Bank is acquiring loans and deposits from a North Carolina bank, marking a significant development in the ongoing US banking turmoil. The FDIC has been negotiating with potential buyers for two weeks, and the sale is seen as a positive step. However, experts like Russell Ward caution that the crisis is not over, with attention now shifting to other banks like First Republic Bank. Efforts are being made to support these banks through expanded lending facilities. Additionally, branches of the former Silicon Valley Bridge Bank are being rebranded as First Citizens Bank.

What was the total amount of assets held by the bank mentioned in the text?

What will the former branches of Silicon Valley Bridge Bank open as?