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 * CONNELL HOPE HOLDING   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 _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice Chairman (Last) (First) (Middle) PO BOX 29550 3. Date of Earliest Transaction (Month/Day/Year) 12/09/2011 (Street) RALEIGH, NC 27602 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               95,151 D   Class A Common Stock               19,429 I By 2010 GRAT Class A Common Stock               5,320 I By Maggie B. Holding Trust Class A Common Stock               1,280 I (3) As Trustee for John H. Connell Irreovcable Trust Class A Common Stock               407 I (3) As Trustee for Michael Collier Connell Trust Class A Common Stock               891 I (1) As Custodian for Elliot Class A Common Stock               330 I (1) As custodian for John Patrick Class A Common Stock               1,390 I (1) John Connell as Custodian for Hewlette Class A Common Stock               1,290 I (1) John Connell as Custodian for John Patrick Class A Common Stock               18,145 I (2) By Yadkin Valley Company Class A Common Stock               700 I (2) By Yadkin Valley Life Insurance Company Class B Common Stock               99,635 D   Class B Common Stock               1,225 I By Maggie B. Holding Trust Class B Common Stock               309 I (3) As Trustee for the Michael Collier Connell Trust Class B Common Stock 12/09/2011   G V 65 A $ 0 7,682 I (1) As custodian for Hewlette Class B Common Stock 12/09/2011   G V 65 A $ 0 6,432 I (1) As custodian for John Patrick Class B Common Stock 12/09/2011   G   65 A $ 0 6,631 (4) I (1) As custodian for Elliot Class B Common Stock               323 I (1) John Connell as custodian for Hewlette Class B Common Stock               323 I (1) John Connell as custodian for John Patrick Class B Common Stock               100 I (1) John Connell as custodian for Elliot Class B Common Stock               1,725 I (2) By Yadkin Valley Company Class B Common Stock               175 I (2) By Yadkin Valley Life Insurance Company

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
CONNELL HOPE HOLDING PO BOX 29550 RALEIGH, NC 27602	X		Vice Chairman

Signatures

Hope Holding Connell, By: William R. Lathan, Jr., Attorney-in-fact		12/23/2011
**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 she disclaims beneficial ownership of the listed shares except to the extent of her pecuniary interest therein.
(3)	The reporting person serves as trustee of the trust for the benefit of individuals who are not members of her immediate family, and her children have a remainder interest in the trust. The reporting person disclaims beneficial ownership of the securities held by the trust.
(4)	Due to a typographical error, the Reporting Person's report filed on August 15, 2011, listed the amount of securites beneficially owned following the reported transaction as 6,166 shares of Class B Common Stock. The correct number of shares should have been 6,116 shares of Class B Common Stock. The number shown in this report relfects a correction of that error.

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