<ARTICLE> 9 <LEGEND> FORM 10-Q <CIK> 0000708848 <NAME> FIRST CITIZENS <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <PERIOD-TYPE> 3-MOS <CASH> 73,939 <INT-BEARING-DEPOSITS> 11,300 <FED-FUNDS-SOLD> 4,300 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 16,038 <INVESTMENTS-CARRYING> 451,039 <INVESTMENTS-MARKET> 451,719 <LOANS> 1,250,174 <ALLOWANCE> (23,587) <TOTAL-ASSETS> 1,883,009 <DEPOSITS> 1,621,926 <SHORT-TERM> 111,748 <LIABILITIES-OTHER> 12,340 <LONG-TERM> 10,425 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,282 <COMMON> 4,694 <OTHER-SE> 118,594 <TOTAL-LIABILITIES-AND-EQUITY> 1,883,009 <INTEREST-LOAN> 76,853 <INTEREST-INVEST> 20,964 <INTEREST-OTHER> 1,456 <INTEREST-TOTAL> 99,273 <INTEREST-DEPOSIT> 38,070 <INTEREST-EXPENSE> 42,745 <INTEREST-INCOME-NET> 56,528 <LOAN-LOSSES> 3,823 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 48,081 <INCOME-PRETAX> 20,337 <INCOME-PRE-EXTRAORDINARY> 20,337 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,164 <EPS-PRIMARY> 13.86 <EPS-DILUTED> 13.86 <YIELD-ACTUAL> 8.03 <LOANS-NON> 2,637 <LOANS-PAST> 1,695 <LOANS-TROUBLED> 54 <LOANS-PROBLEM> 373 <ALLOWANCE-OPEN> 21,153 <CHARGE-OFFS> 2,305 <RECOVERIES> 916 <ALLOWANCE-CLOSE> 23,587 <ALLOWANCE-DOMESTIC> 23,587 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 12,031