Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  BRISTOW PETER M
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2014
3. Issuer Name and Ticker or Trading Symbol
FIRST CITIZENS BANCSHARES INC /DE/ [FCNCA]
(Last)
(First)
(Middle)
4300 SIX FORKS ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

RALEIGH, NC 27609
6. Individual or Joint/Group Filing(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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common 125
D
 
Class A Common 92,862
I (1)
By Spouse
Class A Common 549
I (1)
As custodian for Peter Bristow, Jr.
Class A Common 549
I (1)
As custodian for Charlotte Bristow
Class A Common 549
I (1)
As custodian for Ella Bristow
Class A Common 890
I (1)
PMB Investments, LLC
Class A Common 390
I (1)
CRB Investments, LLC
Class A Common 365
I (1)
EHB Investments, LLC
Class A Common 14,641
I (1)
As trustee for PMB Trust 2011
Class A Common 14,641
I (1)
As trustee for CRB Trust 2011
Class A Common 14,641
I (1)
As trustee for EHB Trust 2011
Class A Common 5,410
I (1)
Spouse as beneficiary of trust
Class A Common 167,600
I (2)
By First Citizens Bancorporation, Inc.
Class B Common 318
D
 
Class B Common 83,355
I (1)
By spouse
Class B Common 1,732
I (1)
As custodian for Peter Bristow, Jr.
Class B Common 1,733
I (1)
As custodian for Charlotte Bristow
Class B Common 1,733
I (1)
As custodian for Ella Bristow
Class B Common 8,350
I (1)
PMB Investments, LLC
Class B Common 8,850
I (1)
CRB Investments, LLC
Class B Common 8,710
I (1)
EHB Investments, LLC
Class B Common 1,250
I (1)
Spouse as beneficiary of Trust
Class B Common 45,900
I (2)
By First Citizens Bancorporation, Inc.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BRISTOW PETER M
4300 SIX FORKS ROAD
RALEIGH, NC 27609
  X   X   President  

Signatures

Peter M. Bristow, By: William R. Lathan, Attorney-in-Fact 10/02/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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 and officer, and he and his spouse are shareholders, of the company that owns these shares, but he disclaims beneficial ownership of the listed shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial ownership of the shares for purposes of Section 16 of the Securities Exchange Act of 1034 or for any other purpose.

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

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