Edgar Filing: HOLDING FRANK B

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0362

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1. Name and Address of Reporting Person ^*

HOLDING FRANK B

2. Issuer Name and Ticker or Trading Symbol
FIRST CITIZENS BANCSHARES INC /DE/ [FCNCA]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive Vice Chairman

(Last)

(First)

(Middle)

POST OFFICE BOX 1377

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2011

(Street)

SMITHFIELD,Â NCÂ 27577

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/30/2011	Â	P4	51	A	$ 175.38	302,125	D	Â
Class A Common Stock	Â	Â	Â	Â	Â	Â	366,856	I	By: F. Holding 2010 GRAT
Class A Common Stock	Â	Â	Â	Â	Â	Â	538,703 ⁽¹⁾	I	By spouse
Class A Common Stock	Â	Â	Â	Â	Â	Â	144,226 ⁽¹⁾	I	By Ella Ann 2010 GRAT
Class A Common Stock	Â	Â	Â	Â	Â	Â	670,027 ⁽¹⁾	I	By adult children and their spouses and children
Class A Common Stock	Â	Â	Â	Â	Â	Â	26,430 ⁽¹⁾	I	By trust for adult children
Class A Common Stock	Â	Â	Â	Â	Â	Â	8,214 ⁽²⁾	I	By Twin States Farming, Inc.
Class A Common Stock	Â	Â	Â	Â	Â	Â	167,600 ⁽²⁾	I	By First Citizens Bancorporation, Inc.
Class A Common Stock	Â	Â	Â	Â	Â	Â	28,628 ⁽²⁾	I	By Heritage BancShares, Inc. and subsidiary
Class A Common Stock	Â	Â	Â	Â	Â	Â	100,000 ⁽²⁾	I	By Fidelity BancShares, Inc.
Class A Common Stock	Â	Â	Â	Â	Â	Â	46,699 ⁽²⁾	I	By Southern BancShares(N.C.), Inc.
Class A Common Stock	Â	Â	Â	Â	Â	Â	46,000 ⁽²⁾	I	By Southern Bank and Trust Company
Class A Common Stock	Â	Â	Â	Â	Â	Â	54,000 ⁽²⁾	I	By Goshen, Inc.
Class A Common Stock	Â	Â	Â	Â	Â	Â	627 ⁽²⁾	I	By E&F Properties, Inc.
Class B Common Stock	Â	Â	Â	Â	Â	Â	1,007	D	Â
Class B Common Stock	Â	Â	Â	Â	Â	Â	4,374	I	By F. Holding 2010 GRAT
Class B Common Stock	Â	Â	Â	Â	Â	Â	2,739	I	By spouse
Class B Common Stock	Â	Â	Â	Â	Â	Â	700 ⁽¹⁾	I	By Ella Ann 2010 GRAT
Class B Common Stock	Â	Â	Â	Â	Â	Â	623,026 ⁽¹⁾	I	By adult children and their spouses and children
Class B Common Stock	Â	Â	Â	Â	Â	Â	6,175 ⁽¹⁾	I	By trust for adult children
Class B Common Stock	Â	Â	Â	Â	Â	Â	45,900 ⁽²⁾	I	By First Citizens Bancorporation, Inc.
Class B Common Stock	Â	Â	Â	Â	Â	Â	22,619 ⁽²⁾	I	By Southern BancShares (N.C.), Inc.
Class B Common Stock	Â	Â	Â	Â	Â	Â	1,355 ⁽²⁾	I	By Twin States Farming, Inc.
Class B Common Stock	Â	Â	Â	Â	Â	Â	200 ⁽²⁾	I	By E&F Properties, Inc.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HOLDING FRANK B POST OFFICE BOX 1377 SMITHFIELD,Â NCÂ 27577	Â X	Â X	Â Executive Vice Chairman	Â

Signatures

Frank B. Holding, By:William R. Lathan, Jr., Attorney-in-Fact		02/14/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
(2)	The reporting person is a director, officer and/or principal shareholder of the companies that own these shares, but he disclaims beneficial ownership of the listed shares except to the extent of his pecuniary interest therein.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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