First Citizens BancShares

{{redirect|First Citizens Bank|the bank in Trinidad and Tobago|First Citizens Bank (Trinidad and Tobago)}}

{{Infobox company

| name = First Citizens BancShares, Inc.

| logo = File:First Citizens BancShares (logo).svg

| logo_size =

| image = First Citizens Bank, owned by First Citizens Bancshares, in Murphy, North Carolina.jpg

| image_caption = First Citizens Bank branch in Murphy, North Carolina

| type = Public

| traded_as = {{ubl|class=nowrap| {{NASDAQ|FCNCA}} (Class A)|Russell 1000 component}}

| founded = {{start date and age|1898}}

| location = Raleigh, North Carolina, U.S.

| area_served = United States

| key_people = Frank B. Holding Jr. (CEO & chairperson)

| industry = Banking

| products = {{ubl|Commercial bank|Investment bank}}

| revenue = {{increase}} {{US$|5.55 billion|link=yes}} (2022)

| net_income = {{increase}} {{US$|1.05 billion}} (2022)

| assets = {{increase}} {{US$|209 billion}} (Q2 2023)

| equity = {{increase}} {{US$|19.771 billion}} (Q2 2023)

| num_employees = 10,375 (2022)

| divisions = {{Plainlist|

First Citizens Bank
Silicon Valley Bank}}

| subsid = SVB Global Services India LLP

| owner = Holding family

| website = {{URL|firstcitizens.com}}

| footnotes = {{cite web | url=https://www.sec.gov/ix?doc=/Archives/edgar/data/798941/000079894123000039/fcnca-20230630.htm | title=First Citizens BancShares, Inc. Second Quarter 2023 Form 10-Q Quarterly Report | publisher=U.S. Securities and Exchange Commission | date=August 4, 2023}}

}}

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

For three generations, the bank has been led by the family of Robert Powell Holding, who joined the bank in 1918 and served as president from 1935 to 1957.

History

The bank opened on March 1, 1898 as Bank of Smithfield. It evolved into First National Bank of Smithfield and merged with Citizens National Bank to become First and Citizens National Bank. In 1929, it changed its name to First Citizens Bank and Trust Company.{{cite web | url=https://www.ncdcr.gov/blog/2015/03/01/the-holding-family-and-first-citizens-bank | title=The Holding Family and First Citizens Bank | publisher=North Carolina Department of Natural Resources}} In 1986, it reorganized as a holding company, First Citizens BancShares, Inc. As of 2024, it is the 15th largest bank in the United States, with $221 billion in assets and $152 billion in deposits and $88 billion in liquidity.{{cite news|url=https://www.newsobserver.com/news/business/article288477455.html|title=A year after buying failed SVB, is Raleigh’s First Citizens Bank ready to go on offense?|last=Gordon|first=Brian|work=News and Observer|date=May 28, 2024}}

First Citizens Bancshares made its debut on the Fortune 500 list in 2024, ranking 182nd overall.{{Cite web |title=First Citizens BancShares |url=https://fortune.com/company/first-citizens-bancshares/ |access-date=2024-06-09 |website=Fortune |language=en}} The bank was also named by American Banker in 2024 as the top-performing large bank, among banks with at least $50 billion of assets.{{Cite web |date=2024-08-21 |title=How First Citizens became the top-performing big bank |url=https://www.americanbanker.com/news/how-first-citizens-became-the-top-performing-big-bank |access-date=2024-10-23 |website=American Banker |language=en}}

=Acquisitions and divestitures=

class="wikitable sortable"
Year !Company !Notes
1971 \| The Haynes Bank of Cliffside, North Carolina \|
1974 \| The Bank of Coleridge in Ramseur, North Carolina and The Bank of Commerce in Charlotte, North Carolina \|
1979 \| Bank of Conway in Conway, North Carolina \|
1981 \| Commercial & Farmers Bank of Rural Hall, North Carolina and Commercial & Savings Bank of Boonville, North Carolina \|
1983 \| Peoples Bank of North Carolina in Madison, North Carolina \|
1985 \| First State Bank of Winterville, North Carolina, Farmers Bank of Pilot Mountain, North Carolina, and Farmers Bank of Sunbury in Sunbury, North Carolina \|
1990 \| Heritage Federal Savings and Loan Association of Monroe, North Carolina and North Carolina Savings and Loan Association of Charlotte, North Carolina \|
1991 \| Mutual Savings and Loan Association of Charlotte, North Carolina and First Federal Savings Bank of Hendersonville, North Carolina \|
1993 \| Caldwell Savings Bank of Lenoir, North Carolina, Surety Federal Savings and Loan Association, FA of Morganton, North Carolina, and Pioneer Savings Bank of Rocky Mount, North Carolina \|
1994 \| The Bank of Bladenboro in Bladenboro, North Carolina, Edgecomb Homestead Savings Bank of Tarboro, North Carolina, and First Republic Savings Bank of Roanoke Rapids, North Carolina \|
1995 \| First Investors Savings Bank of Whiteville, North Carolina and State Bank of Fayetteville, North Carolina \|
1996 \| First-Citizens Bank & Trust Company of Lawrenceville, Virginia, Peoples Savings Bank of Wilmington, North Carolina, and Summit Savings Bank of Sanford, North Carolina \|
1997 \| First Savings Bank of Rockingham County in Reidsville, North Carolina \| {{cite news \| url=https://www.bizjournals.com/triangle/stories/1997/09/29/daily6.html \| title=First Citizens completes Reidsville buyout \| work=American City Business Journals \| date=October 2, 1997}}
1998 \| First Citizens Bank & Trust Company of White Sulphur Springs, West Virginia \|
2003 \| Avery County Bank of Newland, North Carolina \| {{Cite news \| url=https://www.bizjournals.com/charlotte/stories/2003/05/26/daily17.html \| title=First Citizens to buy Avery County Bank \| work=American City Business Journals \| date=May 28, 2003}}
2009 \| U.S. Bancorp acquired the bond trustee business of First Citizens Bank \| {{cite press release \| url=https://www.businesswire.com/news/home/20091007005683/en/U.S.-Bank-Acquire-Bond-Trustee-Business-Citizens \| title=U.S. Bank to Acquire the Bond Trustee Business from First Citizens Bank \| publisher=Business Wire \| date=October 7, 2009}}
2009 \| Temecula Valley Bank of Temecula, California \| {{cite press release \| url=https://www.globenewswire.com/news-release/2009/07/18/401005/169276/en/first-citizens-bank-acquires-temecula-valley-bank.html \| title=First Citizens Bank Acquires Temecula Valley Bank \| publisher=GlobeNewswire \| date=July 17, 2009}}{{cite web \| url=https://www.fdic.gov/Bank/individual/failed/temecula.html \| title=Failed Bank Information for Temecula Valley Bank, Temecula, CA \| publisher=Federal Deposit Insurance Corporation}}
2009 \| Venture Bank of Lacey, Washington \| {{cite press release \| url=https://www.sec.gov/Archives/edgar/data/798941/000117184309000914/newsrelease.htm \| title=First Citizens Bank Acquires Venture Bank of Washington \| publisher=GlobeNewswire \| date=September 11, 2009}}{{cite web \| url=https://www.fdic.gov/Bank/individual/failed/venture-wa.html \| title=Failed Bank Information for Venture Bank, Lacey, WA \| publisher=Federal Deposit Insurance Corporation}}
2010 \| Sun American Bank of Boca Raton, Florida \| {{cite press release \| url=https://www.sec.gov/Archives/edgar/data/798941/000119312510053734/dex991.htm \| title=FIRST CITIZENS BANK PURCHASES CERTAIN ASSETS, ASSUMES CERTAIN LIABILITIES OF SUN AMERICAN BANK \| publisher=U.S. Securities and Exchange Commission \| date=March 5, 2010}}{{cite news \| url=https://www.bizjournals.com/triangle/stories/2010/03/01/daily70.html \| title=First Citizens buys Sun American Bank out of FDIC receivership \| first=Jeff \| last=Drew \| work=American City Business Journals \| date=March 5, 2010}}{{cite web \| url=https://www.fdic.gov/Bank/individual/failed/sunamerican.html \| title=Failed Bank Information for Sun American Bank, Boca Raton, FL \| publisher=Federal Deposit Insurance Corporation}}
2010 \| First Regional Bank of Los Angeles, California \| {{cite web \| url=https://www.fdic.gov/Bank/individual/failed/firstregional.html \| title=Failed Bank Information for First Regional Bank, Los Angeles, CA \| publisher=Federal Deposit Insurance Corporation}}
2011 \| United Western Bank of Denver, Colorado \| {{cite press release \| url=https://www.nbcnews.com/id/wbna41200966 \| title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of United Western Bank \| publisher=GlobeNewswire \| date=January 21, 2011}}
2011 \| Colorado Capital Bank of Castle Rock, Colorado \| {{cite press release \| url=https://www.globenewswire.com/news-release/2011/07/08/450913/226131/en/First-Citizens-Bank-Purchases-Certain-Assets-Assumes-Certain-Liabilities-of-Colorado-Capital-Bank.html \| title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of Colorado Capital Bank \| publisher=GlobeNewswire \| date=July 8, 2011}}{{cite news \| url=https://www.denverpost.com/2011/07/12/first-citizens-bank-takes-over-colorado-capital/ \| title=First Citizens Bank takes over Colorado Capital \| work=The Denver Post \| date=July 12, 2011}}{{cite web \| url=https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/coloradocapital.html \| title=Failed Bank Information for Colorado Capital Bank, Castle Rock, CO \| publisher=Federal Deposit Insurance Corporation}}
2011 \| In-house merger with IronStone Bank \| {{cite news \| url=https://www.bizjournals.com/charlotte/stories/2010/10/04/daily54.html \| title=First Citizens looks to merge with IronStone Bank \| last=Weisbecker \| first=Lee \| work=American City Business Journals \| date=October 8, 2010}}
2013 \| 1st Financial Corp. of Hendersonville, North Carolina \| {{Cite press release \| url=https://www.globenewswire.com/news-release/2014/01/02/599955/10062738/en/First-Citizens-Bank-Completes-Merger-With-1st-Financial-Services-Corporation-Mountain-1st-Bank.html \| title=First Citizens Bank Completes Merger With 1st Financial Services Corporation, Mountain 1st Bank \| publisher=GlobeNewswire \| date=January 2, 2014}}
2014 \| First Citizens Bank of South Carolina \| {{cite web \| url=https://www.sec.gov/Archives/edgar/data/798941/000157587214000028/form425.htm \| title=Proposed Merger with First Citizens Bank of South Carolina Talking Points for use with Customers and Other External Parties \| publisher=U.S. Securities and Exchange Commission}}
2015 \| Capitol City Bank and Trust Company of Atlanta, Georgia \| {{cite press release \|title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of Capitol City Bank & Trust Company of Atlanta, Ga\| url=https://www.globenewswire.com/news-release/2015/02/13/706451/10120172/en/First-Citizens-Bank-Purchases-Certain-Assets-Assumes-Certain-Liabilities-of-Capitol-City-Bank-Trust-Company-of-Atlanta-Ga.html \| publisher=GlobeNewswire \| date=February 13, 2015}}
2016 \| North Milwaukee State Bank of Milwaukee \| {{cite news \| url=https://www.newsobserver.com/news/business/article65953337.html \|title=First Citizens acquires failed Wisconsin bank \|last=Ranii \|first=David \| work=News & Observer \|date=March 14, 2016}}{{cite web \| url=https://www.fdic.gov/Bank/individual/failed/nmsbank.html \| title=Failed Bank Information for North Milwaukee State Bank, Milwaukee, WI\| publisher=Federal Deposit Insurance Corporation}}
2016 \| Cordia Bancorp Inc. of Midlothian, Virginia \| {{cite press release \| url=https://www.globenewswire.com/news-release/2016/09/01/868915/0/en/First-Citizens-Bank-Completes-Merger-With-Cordia-Bancorp-Bank-of-Virginia.html \| title=First Citizens Bank Completes Merger With Cordia Bancorp, Bank of Virginia \| publisher=GlobeNewswire \| date=September 1, 2016}}{{Cite news \| url=https://www.americanbanker.com/news/first-citizens-to-buy-cordia-bancorp-in-virginia \| title=First Citizens to Buy Cordia Bancorp in Virginia \| first=Paul \| last=Davis \| work=American Banker \| date=May 20, 2016}}
2016 \| First CornerStone Bank of King of Prussia, Pennsylvania \| {{cite news \| url=https://www.newsobserver.com/news/business/article76492917.html \| title=First Citizens Bank acquires failed Pa. bank \| last=Ranii \| first=David \| work=News & Observer \| date=May 9, 2016 \| url-access=subscription}}{{cite web \| url=https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/firstcornerstone.html \| title=Failed Bank Information for First CornerStone Bank, King of Prussia, PA \| publisher=Federal Deposit Insurance Corporation}}
2017 \| Harvest Community Bank of Pennsville, New Jersey \| {{cite press release \| url=https://www.globenewswire.com/news-release/2017/01/13/905826/0/en/First-Citizens-Bank-Purchases-Certain-Assets-Assumes-Certain-Liabilities-of-Harvest-Community-Bank-of-Pennsville-New-Jersey.html \| title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of Harvest Community Bank of Pennsville, New Jersey \| publisher=GlobeNewswire \| date=January 13, 2017}}{{cite web \| url=https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/harvestcomm.html \| title=Failed Bank Information for Harvest Community Bank, Pennsville, NJ \| publisher=Federal Deposit Insurance Corporation}}
2017 \| Guaranty Bank of Milwaukee, Wisconsin \| {{cite news \| url=https://www.fox6now.com/news/federal-agency-shuts-down-number-of-guaranty-bank-branches-some-to-reopen-as-first-citizens-bank \| title=Federal agency shuts down number of Guaranty Bank branches; some to reopen as First-Citizens Bank \| work=WITI (TV) \| date=May 5, 2017}}{{cite web \| url=https://www.fdic.gov/Bank/individual/failed/guaranty.html \| title=Failed Bank Information for Guaranty Bank, Milwaukee, WI, (d/b/a BestBank in Georgia & Michigan) \| publisher=Federal Deposit Insurance Corporation}}
2018 \| Palmetto Heritage Bancshares Inc. of Pawleys Island, South Carolina \| {{cite press release \| url=https://www.globenewswire.com/news-release/2018/11/01/1641295/0/en/First-Citizens-Bank-Completes-Merger-With-Palmetto-Heritage-Bancshares-Inc-Palmetto-Heritage-Bank.html \| title=First Citizens Bank Completes Merger With Palmetto Heritage Bancshares Inc., Palmetto Heritage Bank \| publisher=GlobeNewswire \| date=November 1, 2018}}
2019 \| Biscayne Bank of Coconut Grove \| {{cite press release \| url=https://www.globenewswire.com/news-release/2019/12/09/1958158/0/en/First-Citizens-Bank-Completes-Operational-Conversion-of-Biscayne-Bank-Division.html \| title=First Citizens Bank Completes Operational Conversion of Biscayne Bank Division \| publisher=GlobeNewswire \| date=December 9, 2019}}{{cite press release \| url=https://www.globenewswire.com/news-release/2019/04/02/1795360/0/en/First-Citizens-Bank-Completes-Merger-With-Biscayne-Bancshares-Inc-Biscayne-Bank.html \| title=First Citizens Bank Completes Merger With Biscayne Bancshares Inc., Biscayne Bank \| publisher=GlobeNewswire \| date=April 2, 2019}}
2019 \| First South Bancorp, Inc. of Spartanburg, South Carolina \| {{cite press release \| url=https://www.globenewswire.com/news-release/2019/05/01/1813578/0/en/First-Citizens-Bank-Completes-Merger-With-First-South-Bancorp-Inc-First-South-Bank.html \| title=First Citizens Bank Completes Merger With First South Bancorp, Inc., First South Bank \| publisher=GlobeNewswire \| date=May 1, 2019}}
2020 \| Entegra Financial Corp. \| {{cite press release \| url=https://www.globenewswire.com/news-release/2020/01/01/1965489/0/en/First-Citizens-Bank-Completes-Merger-With-Entegra-Financial-Corp-Entegra-Bank.html \| title=First Citizens Bank Completes Merger With Entegra Financial Corp., Entegra Bank \| publisher=GlobeNewswire \| date=January 1, 2020}}{{cite press release \| url=https://www.globenewswire.com/news-release/2020/08/17/2079489/0/en/First-Citizens-Bank-Completes-Operational-Conversion-of-Entegra-Bank-Division.html \| title=First Citizens Bank Completes Operational Conversion of Entegra Bank Division \| publisher=GlobeNewswire \| date=August 17, 2020}}
2020 \| Community Financial Holding Company, Inc. and Gwinnett Community Bank \| {{cite press release \| url=https://www.globenewswire.com/news-release/2020/02/03/1978772/0/en/First-Citizens-Bank-Completes-Merger-With-Community-Financial-Holding-Company-Inc-and-Gwinnett-Community-Bank.html \| title=First Citizens Bank Completes Merger With Community Financial Holding Company, Inc. and Gwinnett Community Bank \| publisher=GlobeNewswire \| date=February 3, 2020 }}
2022 \| CIT Group \| {{Cite press release \| url=https://www.prnewswire.com/news-releases/first-citizens-completes-merger-with-cit-group-301453104.html \| title=First Citizens Completes Merger With CIT Group \| publisher=PR Newswire \| date=January 4, 2022}}
2023 \|Silicon Valley Bank's deposits and loans following its collapse \|{{Cite news \|last=Smith \|first=Elliot \|title=First Citizens Bank to buy Silicon Valley Bank deposits and loans \|url=https://www.cnbc.com/2023/03/27/first-citizens-bank-to-buy-silicon-valley-banks-deposits-and-loans.html \|access-date=2023-03-27 \|website=CNBC \| date=March 27, 2023}}{{Cite web \|date=2023-03-26 \|title=First-Citizens Bank & Trust Company, Raleigh, NC, to Assume All Deposits and Loans of Silicon Valley Bridge Bank, N.A., From the FDIC \|url=https://www.fdic.gov/news/press-releases/2023/pr23023.html \|access-date=2023-03-27 \|website=FDIC \|language=en-US}}{{cite web \| url=https://www.forbes.com/sites/hanktucker/2023/03/27/svbs-new-owners-the-billionaire-north-carolina-family-behind-first-citizens-are-quietly-building-a-banking-empire/ \| title=SVB's New Owners, The Billionaire North Carolina Family Behind First Citizens, Are Quietly Building A Banking Empire \| work=Forbes \|last1=Tucker \|first1=Hank \|last2=Ponciano \|first2=Jonathan \|date=March 27, 2023 \|access-date=March 27, 2023}}{{cite web \| url=https://www.reuters.com/markets/deals/first-citizens-said-be-near-deal-silicon-valley-bank-bloomberg-news-2023-03-26/ \| title=U.S. backstops Silicon Valley Bank sale to First Citizens \| publisher=Reuters \|last1=Murdoch \|first1=Scott \|last2=Mehnaz \|first2=Yasmin \|date=March 27, 2023 \|access-date=March 27, 2023}}{{cite web \| url=https://www.sec.gov/Archives/edgar/data/798941/000119312523079743/d488575dex991.htm \| title=First Citizens BancShares, Inc. March 27, 2023 Form 8-K: Exhibit 99.1: First Citizens Bank Announces Acquisition of Silicon Valley Bridge Bank, N.A. \| publisher=U.S. Securities and Exchange Commission \|date=March 27, 2023}}

class="wikitable sortable"

Year

!Company

!Notes

1971

| The Haynes Bank of Cliffside, North Carolina

1974

| The Bank of Coleridge in Ramseur, North Carolina and The Bank of Commerce in Charlotte, North Carolina

1979

| Bank of Conway in Conway, North Carolina

1981

| Commercial & Farmers Bank of Rural Hall, North Carolina and Commercial & Savings Bank of Boonville, North Carolina

1983

| Peoples Bank of North Carolina in Madison, North Carolina

1985

| First State Bank of Winterville, North Carolina, Farmers Bank of Pilot Mountain, North Carolina, and Farmers Bank of Sunbury in Sunbury, North Carolina

1990

| Heritage Federal Savings and Loan Association of Monroe, North Carolina and North Carolina Savings and Loan Association of Charlotte, North Carolina

1991

| Mutual Savings and Loan Association of Charlotte, North Carolina and First Federal Savings Bank of Hendersonville, North Carolina

1993

| Caldwell Savings Bank of Lenoir, North Carolina, Surety Federal Savings and Loan Association, FA of Morganton, North Carolina, and Pioneer Savings Bank of Rocky Mount, North Carolina

1994

| The Bank of Bladenboro in Bladenboro, North Carolina, Edgecomb Homestead Savings Bank of Tarboro, North Carolina, and First Republic Savings Bank of Roanoke Rapids, North Carolina

1995

| First Investors Savings Bank of Whiteville, North Carolina and State Bank of Fayetteville, North Carolina

1996

| First-Citizens Bank & Trust Company of Lawrenceville, Virginia, Peoples Savings Bank of Wilmington, North Carolina, and Summit Savings Bank of Sanford, North Carolina

1997

| First Savings Bank of Rockingham County in Reidsville, North Carolina

| {{cite news | url=https://www.bizjournals.com/triangle/stories/1997/09/29/daily6.html | title=First Citizens completes Reidsville buyout | work=American City Business Journals | date=October 2, 1997}}

1998

| First Citizens Bank & Trust Company of White Sulphur Springs, West Virginia

2003

| Avery County Bank of Newland, North Carolina

| {{Cite news | url=https://www.bizjournals.com/charlotte/stories/2003/05/26/daily17.html | title=First Citizens to buy Avery County Bank | work=American City Business Journals | date=May 28, 2003}}

2009

| U.S. Bancorp acquired the bond trustee business of First Citizens Bank

| {{cite press release | url=https://www.businesswire.com/news/home/20091007005683/en/U.S.-Bank-Acquire-Bond-Trustee-Business-Citizens | title=U.S. Bank to Acquire the Bond Trustee Business from First Citizens Bank | publisher=Business Wire | date=October 7, 2009}}

2009

| Temecula Valley Bank of Temecula, California

| {{cite press release | url=https://www.globenewswire.com/news-release/2009/07/18/401005/169276/en/first-citizens-bank-acquires-temecula-valley-bank.html | title=First Citizens Bank Acquires Temecula Valley Bank | publisher=GlobeNewswire | date=July 17, 2009}}{{cite web | url=https://www.fdic.gov/Bank/individual/failed/temecula.html | title=Failed Bank Information for Temecula Valley Bank, Temecula, CA | publisher=Federal Deposit Insurance Corporation}}

2009

| Venture Bank of Lacey, Washington

| {{cite press release | url=https://www.sec.gov/Archives/edgar/data/798941/000117184309000914/newsrelease.htm | title=First Citizens Bank Acquires Venture Bank of Washington | publisher=GlobeNewswire | date=September 11, 2009}}{{cite web | url=https://www.fdic.gov/Bank/individual/failed/venture-wa.html | title=Failed Bank Information for Venture Bank, Lacey, WA | publisher=Federal Deposit Insurance Corporation}}

2010

| Sun American Bank of Boca Raton, Florida

| {{cite press release | url=https://www.sec.gov/Archives/edgar/data/798941/000119312510053734/dex991.htm | title=FIRST CITIZENS BANK PURCHASES CERTAIN ASSETS, ASSUMES CERTAIN LIABILITIES OF SUN AMERICAN BANK | publisher=U.S. Securities and Exchange Commission | date=March 5, 2010}}{{cite news | url=https://www.bizjournals.com/triangle/stories/2010/03/01/daily70.html | title=First Citizens buys Sun American Bank out of FDIC receivership | first=Jeff | last=Drew | work=American City Business Journals | date=March 5, 2010}}{{cite web | url=https://www.fdic.gov/Bank/individual/failed/sunamerican.html | title=Failed Bank Information for Sun American Bank, Boca Raton, FL | publisher=Federal Deposit Insurance Corporation}}

2010

| First Regional Bank of Los Angeles, California

| {{cite web | url=https://www.fdic.gov/Bank/individual/failed/firstregional.html | title=Failed Bank Information for First Regional Bank, Los Angeles, CA | publisher=Federal Deposit Insurance Corporation}}

2011

| United Western Bank of Denver, Colorado

| {{cite press release | url=https://www.nbcnews.com/id/wbna41200966 | title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of United Western Bank | publisher=GlobeNewswire | date=January 21, 2011}}

2011

| Colorado Capital Bank of Castle Rock, Colorado

| {{cite press release | url=https://www.globenewswire.com/news-release/2011/07/08/450913/226131/en/First-Citizens-Bank-Purchases-Certain-Assets-Assumes-Certain-Liabilities-of-Colorado-Capital-Bank.html | title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of Colorado Capital Bank | publisher=GlobeNewswire | date=July 8, 2011}}{{cite news | url=https://www.denverpost.com/2011/07/12/first-citizens-bank-takes-over-colorado-capital/ | title=First Citizens Bank takes over Colorado Capital | work=The Denver Post | date=July 12, 2011}}{{cite web | url=https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/coloradocapital.html | title=Failed Bank Information for Colorado Capital Bank, Castle Rock, CO | publisher=Federal Deposit Insurance Corporation}}

2011

| In-house merger with IronStone Bank

| {{cite news | url=https://www.bizjournals.com/charlotte/stories/2010/10/04/daily54.html | title=First Citizens looks to merge with IronStone Bank | last=Weisbecker | first=Lee | work=American City Business Journals | date=October 8, 2010}}

2013

| 1st Financial Corp. of Hendersonville, North Carolina

| {{Cite press release | url=https://www.globenewswire.com/news-release/2014/01/02/599955/10062738/en/First-Citizens-Bank-Completes-Merger-With-1st-Financial-Services-Corporation-Mountain-1st-Bank.html | title=First Citizens Bank Completes Merger With 1st Financial Services Corporation, Mountain 1st Bank | publisher=GlobeNewswire | date=January 2, 2014}}

2014

| First Citizens Bank of South Carolina

| {{cite web | url=https://www.sec.gov/Archives/edgar/data/798941/000157587214000028/form425.htm | title=Proposed Merger with First Citizens Bank of South Carolina Talking Points for use with Customers and Other External Parties | publisher=U.S. Securities and Exchange Commission}}

2015

| Capitol City Bank and Trust Company of Atlanta, Georgia

| {{cite press release |title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of Capitol City Bank & Trust Company of Atlanta, Ga| url=https://www.globenewswire.com/news-release/2015/02/13/706451/10120172/en/First-Citizens-Bank-Purchases-Certain-Assets-Assumes-Certain-Liabilities-of-Capitol-City-Bank-Trust-Company-of-Atlanta-Ga.html | publisher=GlobeNewswire | date=February 13, 2015}}

2016

| North Milwaukee State Bank of Milwaukee

| {{cite news | url=https://www.newsobserver.com/news/business/article65953337.html |title=First Citizens acquires failed Wisconsin bank |last=Ranii |first=David | work=News & Observer |date=March 14, 2016}}{{cite web | url=https://www.fdic.gov/Bank/individual/failed/nmsbank.html | title=Failed Bank Information for North Milwaukee State Bank, Milwaukee, WI| publisher=Federal Deposit Insurance Corporation}}

2016

| Cordia Bancorp Inc. of Midlothian, Virginia

| {{cite press release | url=https://www.globenewswire.com/news-release/2016/09/01/868915/0/en/First-Citizens-Bank-Completes-Merger-With-Cordia-Bancorp-Bank-of-Virginia.html | title=First Citizens Bank Completes Merger With Cordia Bancorp, Bank of Virginia | publisher=GlobeNewswire | date=September 1, 2016}}{{Cite news | url=https://www.americanbanker.com/news/first-citizens-to-buy-cordia-bancorp-in-virginia | title=First Citizens to Buy Cordia Bancorp in Virginia | first=Paul | last=Davis | work=American Banker | date=May 20, 2016}}

2016

| First CornerStone Bank of King of Prussia, Pennsylvania

| {{cite news | url=https://www.newsobserver.com/news/business/article76492917.html | title=First Citizens Bank acquires failed Pa. bank | last=Ranii | first=David | work=News & Observer | date=May 9, 2016 | url-access=subscription}}{{cite web | url=https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/firstcornerstone.html | title=Failed Bank Information for First CornerStone Bank, King of Prussia, PA | publisher=Federal Deposit Insurance Corporation}}

2017

| Harvest Community Bank of Pennsville, New Jersey

| {{cite press release | url=https://www.globenewswire.com/news-release/2017/01/13/905826/0/en/First-Citizens-Bank-Purchases-Certain-Assets-Assumes-Certain-Liabilities-of-Harvest-Community-Bank-of-Pennsville-New-Jersey.html | title=First Citizens Bank Purchases Certain Assets, Assumes Certain Liabilities of Harvest Community Bank of Pennsville, New Jersey | publisher=GlobeNewswire | date=January 13, 2017}}{{cite web | url=https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/harvestcomm.html | title=Failed Bank Information for Harvest Community Bank, Pennsville, NJ | publisher=Federal Deposit Insurance Corporation}}

2017

| Guaranty Bank of Milwaukee, Wisconsin

| {{cite news | url=https://www.fox6now.com/news/federal-agency-shuts-down-number-of-guaranty-bank-branches-some-to-reopen-as-first-citizens-bank | title=Federal agency shuts down number of Guaranty Bank branches; some to reopen as First-Citizens Bank | work=WITI (TV) | date=May 5, 2017}}{{cite web | url=https://www.fdic.gov/Bank/individual/failed/guaranty.html | title=Failed Bank Information for Guaranty Bank, Milwaukee, WI, (d/b/a BestBank in Georgia & Michigan) | publisher=Federal Deposit Insurance Corporation}}

2018

| Palmetto Heritage Bancshares Inc. of Pawleys Island, South Carolina

| {{cite press release | url=https://www.globenewswire.com/news-release/2018/11/01/1641295/0/en/First-Citizens-Bank-Completes-Merger-With-Palmetto-Heritage-Bancshares-Inc-Palmetto-Heritage-Bank.html | title=First Citizens Bank Completes Merger With Palmetto Heritage Bancshares Inc., Palmetto Heritage Bank | publisher=GlobeNewswire | date=November 1, 2018}}

2019

| Biscayne Bank of Coconut Grove

| {{cite press release | url=https://www.globenewswire.com/news-release/2019/12/09/1958158/0/en/First-Citizens-Bank-Completes-Operational-Conversion-of-Biscayne-Bank-Division.html | title=First Citizens Bank Completes Operational Conversion of Biscayne Bank Division | publisher=GlobeNewswire | date=December 9, 2019}}{{cite press release | url=https://www.globenewswire.com/news-release/2019/04/02/1795360/0/en/First-Citizens-Bank-Completes-Merger-With-Biscayne-Bancshares-Inc-Biscayne-Bank.html | title=First Citizens Bank Completes Merger With Biscayne Bancshares Inc., Biscayne Bank | publisher=GlobeNewswire | date=April 2, 2019}}

2019

| First South Bancorp, Inc. of Spartanburg, South Carolina

| {{cite press release | url=https://www.globenewswire.com/news-release/2019/05/01/1813578/0/en/First-Citizens-Bank-Completes-Merger-With-First-South-Bancorp-Inc-First-South-Bank.html | title=First Citizens Bank Completes Merger With First South Bancorp, Inc., First South Bank | publisher=GlobeNewswire | date=May 1, 2019}}

2020

| Entegra Financial Corp.

| {{cite press release | url=https://www.globenewswire.com/news-release/2020/01/01/1965489/0/en/First-Citizens-Bank-Completes-Merger-With-Entegra-Financial-Corp-Entegra-Bank.html | title=First Citizens Bank Completes Merger With Entegra Financial Corp., Entegra Bank | publisher=GlobeNewswire | date=January 1, 2020}}{{cite press release | url=https://www.globenewswire.com/news-release/2020/08/17/2079489/0/en/First-Citizens-Bank-Completes-Operational-Conversion-of-Entegra-Bank-Division.html | title=First Citizens Bank Completes Operational Conversion of Entegra Bank Division | publisher=GlobeNewswire | date=August 17, 2020}}

2020

| Community Financial Holding Company, Inc. and Gwinnett Community Bank

| {{cite press release | url=https://www.globenewswire.com/news-release/2020/02/03/1978772/0/en/First-Citizens-Bank-Completes-Merger-With-Community-Financial-Holding-Company-Inc-and-Gwinnett-Community-Bank.html | title=First Citizens Bank Completes Merger With Community Financial Holding Company, Inc. and Gwinnett Community Bank | publisher=GlobeNewswire | date=February 3, 2020 }}

2022

| CIT Group

| {{Cite press release | url=https://www.prnewswire.com/news-releases/first-citizens-completes-merger-with-cit-group-301453104.html | title=First Citizens Completes Merger With CIT Group | publisher=PR Newswire | date=January 4, 2022}}

2023

|Silicon Valley Bank's deposits and loans following its collapse

|{{Cite news |last=Smith |first=Elliot |title=First Citizens Bank to buy Silicon Valley Bank deposits and loans |url=https://www.cnbc.com/2023/03/27/first-citizens-bank-to-buy-silicon-valley-banks-deposits-and-loans.html |access-date=2023-03-27 |website=CNBC | date=March 27, 2023}}{{Cite web |date=2023-03-26 |title=First-Citizens Bank & Trust Company, Raleigh, NC, to Assume All Deposits and Loans of Silicon Valley Bridge Bank, N.A., From the FDIC |url=https://www.fdic.gov/news/press-releases/2023/pr23023.html |access-date=2023-03-27 |website=FDIC |language=en-US}}{{cite web | url=https://www.forbes.com/sites/hanktucker/2023/03/27/svbs-new-owners-the-billionaire-north-carolina-family-behind-first-citizens-are-quietly-building-a-banking-empire/ | title=SVB's New Owners, The Billionaire North Carolina Family Behind First Citizens, Are Quietly Building A Banking Empire | work=Forbes |last1=Tucker |first1=Hank |last2=Ponciano |first2=Jonathan |date=March 27, 2023 |access-date=March 27, 2023}}{{cite web | url=https://www.reuters.com/markets/deals/first-citizens-said-be-near-deal-silicon-valley-bank-bloomberg-news-2023-03-26/ | title=U.S. backstops Silicon Valley Bank sale to First Citizens | publisher=Reuters |last1=Murdoch |first1=Scott |last2=Mehnaz |first2=Yasmin |date=March 27, 2023 |access-date=March 27, 2023}}{{cite web | url=https://www.sec.gov/Archives/edgar/data/798941/000119312523079743/d488575dex991.htm | title=First Citizens BancShares, Inc. March 27, 2023 Form 8-K: Exhibit 99.1: First Citizens Bank Announces Acquisition of Silicon Valley Bridge Bank, N.A. | publisher=U.S. Securities and Exchange Commission |date=March 27, 2023}}

References

External links

{{Official website|https://www.firstcitizens.com/}}

Category:American companies established in 1898

Category:Banks based in North Carolina

Category:Banks established in 1898

Category:Companies based in Raleigh, North Carolina

Category:Companies listed on the Nasdaq

Category:Economy of the Southeastern United States

Category:1992 initial public offerings