<ARTICLE> 9 <LEGEND> FORM 10-Q </LEGEND> <CIK> 0000708848 <NAME> FIRST CITIZENS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> dec-31-1997 <PERIOD-START> jan-01-1997 <PERIOD-END> jun-30-1997 <CASH> 103,765 <INT-BEARING-DEPOSITS> 8,950 <FED-FUNDS-SOLD> 21,800 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 19,247 <INVESTMENTS-CARRYING> 506,354 <INVESTMENTS-MARKET> 507,263 <LOANS> 1,347,074 <ALLOWANCE> (24,916) <TOTAL-ASSETS> 2,088,764 <DEPOSITS> 1,784,254 <SHORT-TERM> 139,514 <LIABILITIES-OTHER> 12,953 <LONG-TERM> 8,750 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,282 <COMMON> 4,646 <OTHER-SE> 135,365 <TOTAL-LIABILITIES-AND-EQUITY> 2,088,764 <INTEREST-LOAN> 56,810 <INTEREST-INVEST> 14,302 <INTEREST-OTHER> 1,277 <INTEREST-TOTAL> 72,389 <INTEREST-DEPOSIT> 27,195 <INTEREST-EXPENSE> 31,319 <INTEREST-INCOME-NET> 41,070 <LOAN-LOSSES> 2,400 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 35,122 <INCOME-PRETAX> 15,058 <INCOME-PRE-EXTRAORDINARY> 15,058 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,702 <EPS-PRIMARY> 10.35 <EPS-DILUTED> 10.35 <YIELD-ACTUAL> 7.95 <LOANS-NON> 2,727 <LOANS-PAST> 1,154 <LOANS-TROUBLED> 84 <LOANS-PROBLEM> 21 <ALLOWANCE-OPEN> 23,483 <CHARGE-OFFS> 1,643 <RECOVERIES> 676 <ALLOWANCE-CLOSE> 24,916 <ALLOWANCE-DOMESTIC> 24,916 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 13,247