[zhoutong]

Because First Citizens Bank acquired all of the deposits and loans but none of the securities, presumably the only way for the FDIC to complete the deal is to pay First Citizens Bank the difference in cash, which is roughly $63.5 billion (napkin maths: the $119B in deposits are assumed one-to-one, and $72B loans are acquired at $16.5B discount, resulting in a cash outlay of -$63.5B for the acquirer for a bundle of net assets worth -$47B on paper).

If depositors start withdrawing money from the new bank, they at least have access to this amount of extra liquidity from the acquisition.