Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 43

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 43
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as defined below) who acquire Notes
pursuant to this offering at their original “issue price” (the first price at which a substantial amount of the Notes is sold for cash (excluding sales to bond houses, brokers, or similar persons or organizations acting in the capacity
of underwriters, placement agents or wholesalers)). This summary is based on the Internal Revenue Code of 1986, as amended, which we refer to as the “Code,” final, temporary and proposed U.S. Treasury regulations promulgated thereunder,
judicial opinions, published positions of the IRS and other applicable authorities, each as in effect as of the date hereof. These authorities are subject to change or differing interpretations (possibly with retroactive effect), and any such change
or interpretation could affect the accuracy of the statements and conclusions set forth herein.

This summary is for general information
only and does not address all aspects of U.S. federal income taxation that may be relevant to a particular investor in light of that investor’s individual circumstances, nor does it address the effects of any state, local or non-U.S. tax laws or any U.S. federal estate, gift, generation-skipping transfer or any alternative minimum tax considerations. This discussion deals only with Notes held as “capital assets” within the
meaning of the Code, and it does not purport to be applicable to holders subject to special rules, such as banks, financial institutions, insurance companies, tax-exempt entities, grantor trusts, dealers in
securities or currencies, traders in securities that elect the mark-to-market method of accounting for their securities holdings, persons subject to the alternative
minimum tax, U.S. holders (as defined below) whose “functional currency” is not the U.S. dollar, entities classified as partnerships for U.S. federal income tax purposes or other flow-through entities or arrangements (and investors
therein), subchapter S corporations, retirement plans, individual retirement accounts or other tax-deferred accounts, controlled foreign corporations, real estate investment trusts, regulated investment
companies or passive foreign investment companies for U.S. federal income tax purposes, certain former citizens or long-term residents of the United States subject to U.S. federal income tax as expatriates, persons holding the Notes through a
“hybrid entity” or persons holding the Notes, as a position in a “straddle” or as part of a “wash sale,” “conversion,” “constructive sale” or “integrated” transaction for U.S.
federal income tax purposes and