Company: FCNCB
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001193125-25-056659
Chunk: 88

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 88
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,578 | ) |     |                 |   | 33,339 |     |               |   |  9,565,064 |
| 2022 |     |                                    |   |  8,031,975 |     |                             |   | -0-      |   |     |                 |   | 54,691 |     |               |   |  8,086,666 |
| 2021 |     |                                    |   |  5,629,478 |     |                             |   | (60,063  | ) |     |                 |   | 54,133 |     |               |   |  5,623,548 |
| 2020 |     |                                    |   |  4,436,450 |     |                             |   | (581,100 | ) |     |                 |   | 48,690 |     |               |   |  3,904,039 |

| (a) | Reflects subtraction of the net aggregate change in the actuarial present value of Mr. Holding’s accumulated benefits under all defined benefit and actuarial pension plans as reported for him in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table for each year. For 2022, the amount of the net change was a negative amount and, in accordance with the SEC’s disclosure rules, is shown as$-0-. |

| (b) | Reflects addition of annual “service cost,” which is the actuarially determined present value of Mr. Holding’s benefit under FCB’s defined benefit pension plan attributable to services he rendered during each year. There were no amendments to defined benefit or actuarial plans during 2024, 2023, 2022, 2021, or 2020 that resulted in service costs for prior years. |

| (3) | For each year, reflects the average of the total compensation amounts reported for our other NEOs as a group (excluding Mr. Holding) in the “Total” column of the Summary Compensation Table in our proxy statement for that year. Our other NEOs included for purposes of calculating the average amount for each of 2024, 2023, 2022, 2021, and 2020 are: Craig L. Nix, Hope H. Bryant, and Peter M. Bristow. In addition, our other NEOs included Lorie K. Rupp