Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 14

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 14
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 Notes. See “Capitalization” below for our outstanding debt as adjusted to give effect to this
offering.

The Notes will be effectively subordinated to all of our and our subsidiaries’ secured indebtedness.

The Notes will be effectively subordinated in right of payment to all of BancShares’ and its subsidiaries’ existing and future
secured debt, to the extent of the value of the assets securing such debt, which amount was $36.46 billion, including the Purchase Money Note, at June 30, 2025. In the event that BancShares is declared bankrupt, becomes insolvent or is
liquidated or reorganized, all debt that ranks ahead of the Notes will be entitled to be paid in full from BancShares’ assets before any payment may be made with respect to the Notes. Holders of the Notes will participate ratably with all
holders of BancShares’ unsecured indebtedness that is deemed to be of

S-6

the same ranking as the Notes, and potentially with all of BancShares’ other general creditors, based upon the respective amounts owed to each holder or creditor, in BancShares’
remaining assets. In any of the foregoing events, BancShares may not have sufficient assets to pay amounts due on the Notes. As a result, if holders of the Notes receive any payments, they may receive less, ratably, than holders of secured
indebtedness and may not receive 100% of the outstanding principal amount and accrued and unpaid interest of the Notes.

The Notes are not insured or guaranteed by the FDIC or any other governmental agency.

The Notes are not savings accounts, deposits or other obligations of a
bank and are not insured or guaranteed by the FDIC or any other governmental agency or instrumentality or any other person.

BancShares’ obligations under the Notes will be unsecured and subordinated.

BancShares’ obligations under the Notes will be unsecured
and subordinated in right of payment to all of its existing and future Senior Indebtedness (as defined herein), which will include, among other things, BancShares’ debt to general creditors. As of June 30, 2025, on a consolidated basis,
the Company’s liabilities totaled approximately $207.36 billion, which included approximately $159.94 billion of deposit liabilities, $500 million of outstanding 5.231% fixed-to-floating rate senior notes issued by BancShares (the “existing senior notes”), $750 million of 6.254%
fixed-to-fixed rate sub