It's not obvious to me that First-Citizens got "no additional liquid assets"? When SVB failed, the Federal Reserve said they would give banks a one year loan a

It's not obvious to me that First-Citizens got "no additional liquid assets"? When SVB failed, the Federal Reserve said they would give banks a one year loan at par for treasuries and mortgage-backed securities: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm https://www.federalreserve.gov/newsevents/pressreleases/mone...