Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 17

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 17
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 needs. We may need to refinance all or a portion of our debt on or before maturity. We may not be able to refinance any of our debt when needed (including, without limitation, upon commencement of the Reset Date) on
commercially reasonable terms or at all.

Regulatory requirements may restrict our ability to pay the principal of, and accrued and unpaid interest on, the Notes, regardless of whether we are the subject of an insolvency proceeding.

Pursuant to federal law and Federal Reserve
regulations, as a bank holding company, BancShares is required to act as a source of financial and managerial strength to First Citizens Bank and commit resources to its support, including, without limitation, the guarantee of its capital plans if
it is undercapitalized. Such support may be required at times when we may not otherwise be inclined or able to provide it. As a result of the foregoing, we may be unable to pay accrued interest on the Notes on one or more of the scheduled Interest
Payment Dates, or at any other time, or the principal of the Notes at the maturity of the Notes.

If we were to be the subject of a
bankruptcy proceeding under Chapter 11 of the U.S. Bankruptcy Code, then the bankruptcy trustee would be deemed to have assumed and would be required to immediately cure any deficit under any commitment we have to any of the federal banking agencies
to maintain the capital of First Citizens Bank, and any other insured depository institution for which we have such a responsibility, and any claim for breach of such obligation would generally have priority over most other unsecured claims.

Payment of principal on the Notes will only be accelerated in connection with a limited number of events of default.

Payment of principal on the Notes will be automatically accelerated only in the case of certain events of bankruptcy, insolvency or
receivership involving BancShares. There is no automatic acceleration, or right of acceleration, in the case of default in the payment of principal of or interest on the Notes, or in the performance of any of BancShares’ other obligations
under the Notes or the Subordinated Indenture.

Our regulators can, in the event BancShares or First Citizens Bank becomes subject to an
enforcement action, prohibit First Citizens Bank from paying dividends to BancShares, and they can also prevent BancShares

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from paying interest or principal on the Notes, and such limits may not permit acceleration of the Notes. See “Description of Notes—Events of Default; Notices of Default.”

Government regulation may