Letterhead of Powell, Goldstein, Frazier & Murphy LLP August 29, 1997 First Citizens Corporation 19 Jefferson Street Newnan, Georgia 30263 Re: Registration Statement on Form S-3 First Citizens Corporation First Citizens Corporation Dividend Reinvestment and Common Stock Purchase Plan Ladies and Gentlemen: We have served as counsel for First Citizens Corporation, a Georgia corporation (the "Company"), in connection with the registration under the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (the "Registration Statement"), of an aggregate of 100,000 shares (the "Shares") of common stock, $1.00 par value, of the Company, to be offered and sold by the Company pursuant to the First Citizens Corporation Dividend Reinvestment and Common Stock Purchase Plan (the "Plan"). We have examined and are familiar with originals or copies (certified, photostatic or otherwise identified to our satisfaction) of such documents, corporate records and other instruments relating to the incorporation of the Company and the authorization of the shares to be issued pursuant to the Plan as we have deemed necessary and advisable. In such examinations, we have assumed the genuineness of all signatures on all originals and copies of documents we have examined, the authenticity of all documents submitted to us as originals and the conformity to original documents of all certified, conformed or photostatic copies. As to questions of fact material and relevant to our opinion, we have relied upon certificates or representations of Company officials and of appropriate governmental officials. We express no opinion as to matters under or involving the laws of any jurisdiction other than the corporate law of the State of Georgia. Based upon and subject to the foregoing and having regard for such legal considerations as we have deemed relevant, it is our opinion that: 1. The Shares have been duly authorized; and 2. Upon the issuance and delivery of the Shares and payment therefor as provided in the Plan and as contemplated by the Registration Statement, such Shares will be legally and validly issued, fully paid and non-assessable. First Citizens Corporation August 29, 1997 Page 2 We hereby consent to the filing of this opinion as Exhibit 5 to the Registration Statement. Very truly yours, (Signature of Powell, Goldstein, Frazer, and Murphy LLP appears here) POWELL, GOLDSTEIN, FRAZER, AND MURPHY LLP