Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
HOLDING FRANK B JR
  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)
Chairman and CEO
(Last)
(First)
(Middle)
4300 SIX FORKS ROAD
3. Date of Earliest Transaction (Month/Day/Year)
01/25/2016
(Street)

RALEIGH, NC 27609
4. If Amendment, Date Original Filed(Month/Day/Year)
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 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 Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock               310,971 D  
Class A Common Stock               685,163 I As Co-Trustee for Frank B. Holding Revocable Trust
Class A Common Stock               11,140 I As beneficiary of Trust
Class A Common Stock               8,370 (1) I By Spouse
Class A Common Stock               19,400 (1) I As custodian for B.P. Holding
Class A Common Stock               11,258 (1) I By daughter, Barbara P. Holding
Class A Common Stock               17,350 (1) I As custodian for L.R. Holding II
Class A Common Stock               8,523 (1) I By son, Lewis R. Holding II
Class B Common Stock 01/25/2016   G V 120 A $ 0 99,409 D  
Class B Common Stock               1,822 I As beneficiary of Trust
Class B Common Stock 01/25/2016   G V 120 A $ 0 1,399 (1) I By spouse
Class B Common Stock               178 (1) I As custodian for F. B. Holding III
Class B Common Stock               134 (1) I By son Frank B. Holding III
Class B Common Stock               13,124 (1) I As custodian for B. P. Holding
Class B Common Stock 01/25/2016   G V 120 A $ 0 14,383 (1) I By daughter Barbara P. Holding
Class B Common Stock               10,507 (1) I As custodian for L.R. Holding II
Class B Common Stock 01/25/2016   G V 120 A $ 0 18,450 (1) I By son Lewis R. Holding II

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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 Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HOLDING FRANK B JR
4300 SIX FORKS ROAD
RALEIGH, NC 27609
  X   X   Chairman and CEO  

Signatures

 Frank B. Holding, By: William R. Lathan, Jr., Attorney in fact   02/26/2016
**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.

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