FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549

                   QUARTERLY REPORT UNDER SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


For the quarter ended March 31, 2002              Commission File Number 0-11172


              FIRST CITIZENS BANCORPORATION OF SOUTH CAROLINA, INC.
              -----------------------------------------------------
             (Exact name of registrant as specified in its charter)

          SOUTH CAROLINA                                  57-0738665
-------------------------------                ---------------------------------
(State or other jurisdiction of                (IRS Employer Identification No.)
 incorporation or organization)

   1230 MAIN STREET
COLUMBIA, SOUTH CAROLINA                                       29201
--------------------------------------------------------------------------------
(Address of principal executive offices)                     (Zip Code)

Registrant's telephone number, including area code        (803) 733-2659
                                                          --------------

                                    NO CHANGE
--------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report.)

Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the Registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.  YES  [X]  NO  [ ]

Indicate  the  number  of  shares outstanding of each of the issuer's classes of
common  stock,  as  of  the  latest  practicable  date.

                    Class                        Outstanding at April 30, 2002
                    -----                        -----------------------------

     VOTING  COMMON  STOCK,  $5.00  PAR  VALUE         884,040  SHARES
     NON-VOTING COMMON STOCK, $5.00 PAR  VALUE          36,409  SHARES


<PAGE>
<TABLE>
<CAPTION>
PART  I  -  FINANCIAL  INFORMATION
ITEM  1.  FINANCIAL  STATEMENTS

FIRST  CITIZENS  BANCORPORATION  OF  SOUTH  CAROLINA,  INC.  AND  SUBSIDIARIES
-------------------------------------------------------------------------------------------------------

CONSOLIDATED STATEMENTS OF CONDITION - UNAUDITED (DOLLARS IN THOUSANDS, EXCEPT PAR VALUES)


                                                                 MARCH 31,    December 31,    March 31,
                                                                   2002           2001          2001
                                                                -----------  --------------  -----------
<S>                                                             <C>          <C>             <C>
ASSETS
Cash and due from banks                                         $  145,881   $     157,998   $  136,494
Federal funds sold                                                 205,400          97,900      328,800
                                                                -----------  --------------  -----------
Total cash and cash equivalents                                    351,281         255,898      465,294
                                                                -----------  --------------  -----------
Investment securities:
  Held-to-maturity, at amortized cost                               21,765          23,309       36,822
  Available-for-sale, at fair value                                917,335         876,446      707,551
                                                                -----------  --------------  -----------
Total investment securities                                        939,100         899,755      744,373
                                                                -----------  --------------  -----------

Gross loans                                                      2,229,677       2,262,283    2,089,855
  Less: Allowance for loan losses                                  (39,722)        (40,259)     (37,197)
                                                                -----------  --------------  -----------
Net loans                                                        2,189,955       2,222,024    2,052,658
                                                                -----------  --------------  -----------
Premises and equipment                                              97,710          97,497       94,621
Interest receivable                                                 21,180          20,011       22,809
Intangible assets                                                   46,688          48,110       50,353
Other assets                                                        36,457          31,385       29,431
                                                                -----------  --------------  -----------
     TOTAL ASSETS                                               $3,682,371   $   3,574,680   $3,459,539
                                                                ===========  ==============  ===========

LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Deposits:
  Demand                                                        $  532,768   $     507,930   $  507,732
  Time and savings                                               2,588,476       2,507,024    2,377,235
                                                                -----------  --------------  -----------
Total deposits                                                   3,121,244       3,014,954    2,884,967
Securities sold under agreements to repurchase and federal
  funds purchased                                                  205,161         214,023      239,264
Long-term debt                                                      50,963          50,963       50,963
Other liabilities                                                   28,971          23,825       37,067
                                                                -----------  --------------  -----------
     TOTAL LIABILITIES                                           3,406,339       3,303,765    3,212,261
                                                                -----------  --------------  -----------

     Commitments and contingencies                                      --              --           --

STOCKHOLDERS' EQUITY:
  Preferred stock                                                    3,176           3,201        3,202
  Non-voting common stock - $5.00 par value, authorized
    1,000,000; issued and outstanding March 31, 2002,
    December 31, 2001 and March 31, 2001 - 36,409                      182             182          182
  Voting common stock - $5.00 par value, authorized 2,000,000;
    issued and outstanding March 31, 2002 - 884,040;
   December 31, 2001 - 889,540; and March 31, 2001 - 898,379         4,420           4,448        4,492
  Surplus                                                           65,081          65,081       65,081
  Undivided profits                                                187,698         178,399      156,238
  Accumulated other comprehensive income, net of taxes              15,475          19,604       18,083
                                                                -----------  --------------  -----------
     TOTAL STOCKHOLDERS' EQUITY                                    276,032         270,915      247,278
                                                                -----------  --------------  -----------
     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                 $3,682,371   $   3,574,680   $3,459,539
                                                                ===========  ==============  ===========


                  SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.
</TABLE>


                                     Page 2
<PAGE>
<TABLE>
<CAPTION>
FIRST  CITIZENS  BANCORPORATION  OF  SOUTH  CAROLINA,  INC.  AND  SUBSIDIARIES
================================================================================

CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED
(DOLLARS IN THOUSANDS-EXCEPT PER SHARE DATA)

                                                       FOR THE
                                                     QUARTER ENDED
                                                       MARCH 31,
                                                  --------  --------
                                                    2002      2001
                                                  --------  --------
<S>                                               <C>       <C>
INTEREST INCOME:
  Interest and fees on loans                      $ 42,060  $ 44,802
  Interest on investment securites:
    Taxable                                          9,772    10,192
    Non-taxable                                        163       283
  Federal funds sold                                 1,062     3,261
                                                  --------  --------

Total interest income                               53,057    58,538
                                                  --------  --------

INTEREST EXPENSE:
  Deposits                                          15,366    24,122
  Securities sold under agreements to repurchase
    and federal funds purchased                        820     3,733
  Long-term debt                                     1,050     1,050
                                                  --------  --------
Total interest expense                              17,236    28,905
                                                  --------  --------

Net interest income                                 35,821    29,633
Provision for loan losses                              889       624
                                                  --------  --------
Net interest income after
  provision for loan losses                         34,932    29,009
                                                  --------  --------

NONINTEREST INCOME:
  Service charges on deposit accounts                6,991     5,897
  Commissions and fees from fiduciary activities       849       625
  Fees for other customer services                     721       646
  Mortgage servicing fees                              673       561
  Bankcard fees                                      1,262     1,238
  Insurance premiums earned                            298       400
  Gain on sale of investment securities                  -     1,793
  Other                                                551       530
                                                  --------  --------
Total noninterest income                            11,345    11,690
                                                  --------  --------

NONINTEREST EXPENSE:
  Salaries and employee benefits                    14,254    13,238
  Net occupancy expense                              2,042     1,830
  Furniture and equipment expense                    1,466     1,443
  Amortization of intangibles                        2,386     2,652
  Bankcard processing expense                        1,372     1,297
  Data processing expense                            2,539     2,096
  Professional services                                504       576
  Other                                              4,918     4,929
                                                  --------  --------
Total noninterest expense                           29,481    28,061
                                                  --------  --------

Income before income tax expense                    16,796    12,638
Income tax expense                                   5,627     4,234
                                                  --------  --------
NET INCOME                                        $ 11,169  $  8,404
                                                  ========  ========

NET INCOME PER COMMON SHARE -
BASIC AND DILUTED                                 $  12.07  $   8.93
WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING-BASIC AND DILUTED               922,038   936,158

     SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.
</TABLE>


                                     Page 3
<PAGE>
<TABLE>
<CAPTION>
FIRST  CITIZENS  BANCORPORATION  OF  SOUTH  CAROLINA,  INC.  AND  SUBSIDIARIES
===================================================================================================================

CONSOLIDATED  STATEMENTS  OF CHANGES IN STOCKHOLDERS' EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME - UNAUDITED
(DOLLARS  IN  THOUSANDS)

                                               NON-                                       ACCUMULATED      TOTAL
                                              VOTING    VOTING                               OTHER         STOCK-
                                  PREFERRED   COMMON    COMMON              UNDIVIDED    COMPREHENSIVE    HOLDERS'
                                    STOCK      STOCK    STOCK    SURPLUS     PROFITS     INCOME/(LOSS)     EQUITY
                                 -----------  -------  --------  --------  -----------  ---------------  ----------
<S>                              <C>          <C>      <C>       <C>       <C>          <C>              <C>
Balance at December 31, 2000     $    3,219   $   182  $ 4,499   $ 65,081  $  148,502   $       12,210   $ 233,693
Comprehensive income:
  Net income                                                                    8,404                        8,404
  Change in unrealized gain
     on investment securities
     available-for-sale, net of
     taxes of $2,959                                                                             5,873       5,873
                                                                                                         ----------
Total comprehensive income                                                                                  14,277
                                                                                                         ----------
Reacquired preferred stock              (17)                                        3                          (14)
Reacquired voting common stock                              (7)                  (405)                        (412)
Common stock dividends                                                           (225)                        (225)
Preferred stock dividends                                                         (41)                         (41)
                                 -----------  -------  --------  --------  -----------  ---------------  ----------
Balance at March 31, 2001             3,202       182    4,492     65,081     156,238           18,083     247,278
Comprehensive income:
  Net income                                                                   25,472                       25,472
  Change in unrealized gain
     on investment securities
     available-for-sale, net of
     taxes of $1,022                                                                             1,521       1,521
                                                                                                         ----------
Total comprehensive income                                                                                  26,993
                                                                                                         ----------
Reacquired preferred stock               (1)                                       (4)                          (5)
Reacquired voting common stock                             (44)                (2,509)                      (2,553)
Preferred stock dividends                                                        (125)                        (125)
Common stock dividends                                                           (673)                        (673)
                                 -----------  -------  --------  --------  -----------  ---------------  ----------
Balance at December 31, 2001          3,201       182    4,448     65,081     178,399           19,604     270,915
Comprehensive income:
  Net income                                                                   11,169                       11,169
  Change in unrealized gain
     on investment securities
     available-for-sale, net of
     taxes of $2,080                                                                            (4,129)     (4,129)
                                                                                                         ----------
Total comprehensive income                                                                                   7,040
                                                                                                         ----------
Reacquired preferred stock              (25)                                        8                          (17)
Reacquired voting common stock                             (28)                (1,613)                      (1,641)
Common stock dividends                                                           (224)                        (224)
Preferred stock dividends                                                         (41)                         (41)
                                 -----------  -------  --------  --------  -----------  ---------------  ----------
Balance at March 31, 2002        $    3,176   $   182  $ 4,420   $ 65,081  $  187,698   $       15,475   $ 276,032
                                 ===========  =======  ========  ========  ===========  ===============  ==========


                               SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS.
</TABLE>


                                     Page 4
<PAGE>
<TABLE>
<CAPTION>
FIRST  CITIZENS  BANCORPORATION  OF  SOUTH  CAROLINA,  INC.  AND  SUBSIDIARY
==========================================================================================================

CONSOLIDATED  STATEMENTS  OF  CASH  FLOWS  -  UNAUDITED  (DOLLARS  IN  THOUSANDS)

                                                                                For the three months ended
                                                                                         March 31,
                                                                                --------------------------
                                                                                      2002        2001
                                                                                   ----------  ----------
<S>                                                                                <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income                                                                       $  11,169   $   8,404
  Adjustments to reconcile net income to net cash provided
    by operating activities:
    Provision for loan losses                                                            889         624
    Depreciation and amortization                                                      4,260       4,260
    Amortization of investment securities                                                318         938
    Deferred income tax benefit                                                         (125)       (105)
    Gain on sales of fixed assets                                                         53           -
    (Increase) decrease in interest receivable                                        (1,169)      1,304
    (Decrease) increase in interest payable                                           (6,410)      2,393
    Origination of mortgage loans held-for-sale                                      (71,748)    (53,664)
    Proceeds from sales of mortgage loans held-for-sale                              105,571      50,346
    Loss (gain) on sales of mortage loans held-for-sale                                  710        (214)
    Gain on call or sale of investment securities                                          -      (1,793)
    (Increase) decrease in other assets                                               (2,998)        119
    Increase in other liabilities                                                     11,557       3,267
                                                                                   ----------  ----------
  NET CASH PROVIDED BY OPERATING ACTIVITIES                                           52,077      15,879

CASH FLOWS FROM INVESTING ACTIVITIES:
    Net increase in loans                                                             (3,353)     (4,880)
    Calls, maturities and prepayments of investment securities held-to-maturity        1,226       2,456
    Purchases of investment securities held-to-maturity                                    -      (6,697)
    Calls, maturities and prepayments of investment securities available-for-sale     78,535     127,112
    Purchases of investment securities available-for-sale                           (125,633)   (116,835)
    Proceeds from sales of premises and equipment                                       (153)          -
    Purchases of premises and equipment                                               (1,987)     (2,951)
    Decrease (increase) in other real estate owned                                       131        (220)
    Increase in intangible assets                                                       (964)       (787)
                                                                                   ----------  ----------
      NET CASH USED IN INVESTING ACTIVITIES                                          (52,198)     (2,802)

CASH FLOWS FROM FINANCING ACTIVITIES:
    Net increase in deposits                                                         106,289     329,738
    Decrease in federal funds purchased and securities sold
      under agreements to repurchase                                                  (8,862)   (129,954)
    Cash dividends paid                                                                 (265)       (266)
    Cash paid to reacquire preferred stock                                               (17)        (14)
    Cash paid to reacquire common stock                                               (1,641)       (412)
                                                                                   ----------  ----------
      NET CASH PROVIDED BY FINANCING ACTIVITIES                                       95,504     199,092

NET INCREASE IN CASH AND DUE FROM BANKS                                               95,383     212,169
CASH AND DUE FROM BANKS AT BEGINNING OF PERIOD                                       255,898     253,125
                                                                                   ----------  ----------
CASH AND DUE FROM BANKS AT END OF PERIOD                                           $ 351,281   $ 465,294
                                                                                   ==========  ==========
</TABLE>


                                     Page 5
<PAGE>
NOTES  TO  THE  CONSOLIDATED  FINANCIAL  STATEMENTS  (UNAUDITED)

SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

A  summary  of  the  significant  accounting  policies  of  First  Citizens
Bancorporation of South Carolina, Inc. ("Bancorporation") is set forth in Note 1
to  the  Consolidated  Financial Statements in Bancorporation's Annual Report on
Form 10-K for 2001.  The significant accounting policies used during the current
quarter  are  unchanged  from  those  disclosed  in  the  2001  Annual  Report.

BASIS  OF  PRESENTATION

The  preceding  consolidated  financial  statements  and  the  notes thereto are
unaudited;  however,  in  the  opinion of management, all adjustments comprising
normal  recurring accruals necessary for a fair presentation of the consolidated
financial  statements have been recorded.  Certain amounts in prior periods have
been  reclassified  to  conform  to  the  2001  presentation.

In  July  2001,  the  Financial  Accounting Standards Board issued Statements of
Financial  Accounting  Standards No. 141, Business Combinations SFAS No. 141 and
No.  142,  Goodwill and Other Intangible Assets SFAS No. 142.  SFAS 141 requires
all  business  combinations  initiated  after  June 30, 2001 to be accounted for
using  the  purchase method.  Under SFAS No. 142, goodwill and intangible assets
with indefinite lives are no longer amortized but are reviewed annually (or more
frequently if impairment indicators arise) for impairment.  Separable intangible
assets  that  are  not  deemed  to  have  indefinites  lives will continue to be
amortized  over their useful lives (but with no maximum life).  The amortization
provisions  of  SFAS  No.  142  apply to goodwill and intangible assets acquired
after  June  30,  2001.  With respect to goodwill and intangible assets acquired
prior  to July 1, 2001, Bancorporation adopted SFAS No. 142 effective January 1,
2002  which  had  no  material  affect.

ACQUISITIONS  (DOLLARS  IN  THOUSANDS)

There  were  no  acquisitions  during  the  quarter  ending  March  31,  2002.

ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  RESULTS OF OPERATIONS AND
FINANCIAL  CONDITION

                              RESULTS OF OPERATIONS

FORWARD-LOOKING  STATEMENTS

This  discussion  may  contain  statements  that could be deemed forward-looking
statements  within  the meaning of Section 21E of the Securities Exchange Act of
1934  and  the  Private  Securities  Litigation Reform Act, which statements are
inherently  subject  to risks and uncertainties.  Forward-looking statements are
statements  that include projections, predictions, expectations or beliefs about
future  events  or  results  or otherwise are not statements of historical fact.
Such  statements are often characterized by the use of the qualifying words (and
their  derivatives)  such as "expect," "believe," "estimate," "plan," "project,"
"anticipate,"  or  other  statements  concerning  opinions  or  judgments  of
Bancorporation  and  its  management  about  future  events.  Factors that could
influence  the  accuracy of such forward-looking statements include, but are not
limited  to,  the  financial  success or changing strategies of Bancorporations'
customers, actions of government regulators, the level of market interest rates,
and  general  economic  conditions.

SUMMARY  (DOLLARS  IN  THOUSANDS)

Net  income for the quarter ended March 31, 2002 totaled  $11,169, or $12.07 per
common  share.  Net  income for the quarter ended March 31, 2001 totaled $8,404,
or  $8.93  per  common  share.

The  primary  factors affecting the increase in net income for the quarter ended
March  31,  2002  were  a $5,923 or 20.42% increase in net interest income after
provision  for  loan  losses,  and  a  $1,448  or  14.63%  increase in recurring
noninterest  income.  Included in noninterest income for the quarter ended March
31, 2001 is a nonrecurring gain of $1,793 related to a nonmonetary exchange of a
processing  company's  stock  owned  by Bancorporation.  These favorable changes
were  partially offset by a $1,420 or 5.06% increase in noninterest expense, and
a  $1,393  or  32.90%  increase  in  income  tax  expense.

Return  on  average  stockholders' equity and average assets are key measures of
earnings  performance.  Return  on  average  stockholders' equity for the period
ended  March  31,  2002 and March 31, 2001 were 16.41% and 14.22%, respectively.
The increase was primarily the result of an increase in return on average assets
from  1.02%  to  1.24%  for the quarter ended March 31, 2001 and March 31, 2002,
respectively.  The  increase in return on assets was primarily due to a 41 basis
point  increase  and  an  11  basis  point  decrease  in net interest income and
noninterest  expense  to  average assets, respectively.  This was offset by a 15
basis  point decrease in noninterest income to average assets.  Adjusted for the
nonrecurring  gain  in  the first quarter of 2001, noninterest income to average
assets  increased  by  6  basis  points.


                                     Page 6
<PAGE>
Table  1  provides  summary information on selected average balances and ratios.

TABLE  1:  SELECTED  SUMMARY  INFORMATION  (DOLLARS  IN  THOUSANDS)

                                                          AS OF AND FOR THE
                                                          THREE MONTHS ENDED
                                                               MARCH 31,
                                                       ------------------------
SELECTED AVERAGE BALANCES:                                2002         2001
                                                       -----------  -----------
Total assets                                           $3,645,157   $3,353,687
Interest-earning assets                                 3,338,321    3,057,506
Investment securities                                     907,811      751,988
Loans                                                   2,240,332    2,078,094
Total liabilities                                       3,369,071    3,113,981
Deposits                                                3,075,508    2,728,660
Noninterest-bearing deposits                              507,177      456,248
Interest-bearing deposits                               2,568,331    2,272,412
Interest-bearing liabilities                            2,835,631    2,626,182
Stockholders' equity                                      276,086      239,706


SELECTED RATIOS:
Return on average assets                                     1.24%        1.02%
Return on average stockholders' equity                      16.41%       14.22%
Return on average common stockholders' equity               16.60%       14.41%
Net yield on average interest-earning assets (tax
  equivalent)                                                4.39%        3.98%
Average loans to average deposits                           72.84%       76.16%
Nonperforming assets to total loans                           .19%         .21%
Allowance for loan losses to total loans                     1.78%        1.78%
Allowance for loan losses to nonperforming
  assets                                                     9.43x        8.68x
Average stockholders' equity to average total assets         7.57%        7.15%
Total risk-based capital ratio                              13.03%       12.14%
Tier I risk-based capital ratio                             11.78%       10.89%
Tier I leverage ratio                                        7.45%        7.02%


NET INTEREST INCOME (DOLLARS IN THOUSANDS)

Net  interest  income  represents  the  principal  source  of  earnings  for
Bancorporation.  Table  2  compares average balance sheet items and analyzes net
interest  income  on a taxable equivalent basis for the quarters ended March 31,
2002  and  2001.


                                     Page 7
<PAGE>
<TABLE>
<CAPTION>
TABLE 2: COMPARATIVE AVERAGE BALANCE SHEETS AND TAXABLE EQUIVALENT RATE/VOLUME VARIANCE (DOLLARS IN THOUSANDS)

                                           AS OF AND FOR THE QUARTER ENDED MARCH 31,
                                           -----------------------------------------

                                                                                    Yield/       Change Due to(2)
                                      Average  Balance      Interest Inc/Exp(1)      Rate      -------------------     Net
                                   ----------------------  --------------------  ------------    Yield               Increase
                                      2002        2001       2002       2001     2002   2001     /Rate     Volume   (Decrease)
                                   ----------------------  --------------------  ------------  ---------  --------  -----------
<S>                                <C>         <C>         <C>        <C>        <C>    <C>    <C>        <C>       <C>
INTEREST-EARNING ASSETS:
Loans (3)                          $2,240,332  $2,078,094  $  42,285  $  44,988  7.65%  8.78%  $ (5,806)  $ 3,103   $   (2,703)
Investment securities:
  Taxable                             894,337     730,770     10,034     10,289  4.55   5.71     (2,116)    1,861         (255)
  Non-taxable                          13,474      21,218        252        435  7.48   8.20        (38)     (145)        (183)
Federal funds sold                    190,178     227,424        799      3,094  1.70   5.52     (2,137)     (158)      (2,295)
                                   ----------  ----------  ---------  ---------                ---------  --------  -----------

Total interest-earning assets       3,338,321   3,057,506     53,370     58,806  6.48   7.80    (10,097)    4,661       (5,436)
                                   ----------  ----------  ---------  ---------                ---------  --------  -----------

NONINTEREST-EARNING ASSETS:
Cash and due from banks               150,874     134,606
Premises and equipment                 97,836      94,245
Other, less allowance for loan
  losses                               58,126      67,330
                                   ----------  ----------


Total noninterest-earning assets      306,836     296,181
                                   ----------  ----------

TOTAL ASSETS                       $3,645,157  $3,353,687
                                   ----------  ----------

INTEREST-BEARING LIABILITIES:
Deposits                            2,568,331  $2,272,412  $  15,366  $  24,121  2.43   4.30   $(10,553)  $ 1,798   $   (8,755)
Federal funds purchased and
  securities sold under
  agreements to repurchase            216,337     302,807        820      3,665  1.54   4.91     (2,512)     (333)      (2,845)
Long-term debt                         50,963      50,963      1,050      1,050  8.24   8.24          0         0            0
                                   ----------  ----------  ---------  ---------                ---------  --------  -----------

Total interest-bearing
 liabilities                        2,835,631   2,626,182     17,236     28,836  2.46   4.45    (13,065)    1,465      (11,600)
                                   ----------  ----------  ---------  ---------                ---------  --------  -----------

NONINTEREST-BEARING LIABILITIES:
Demand deposits                       507,177     456,248
Other liabilities                      26,263      31,551
                                   ----------  ----------

Total noninterest-bearing
  liabilities                         533,440     487,799
                                   ----------  ----------

TOTAL LIABILITIES                   3,369,071   3,113,981
                                   ----------  ----------

Stockholders' equity                  276,086     239,706

TOTAL LIABILITIES AND
STOCKHOLDERS' EQUITY               $3,645,157  $3,353,687
                                   ==========  ==========

NET INTEREST RATE SPREAD                                                         4.02%  3.35%
                                                                                 =====  =====
NET INTEREST MARGIN:                                       $  36,134  $  29,970                $  2,968   $ 3,196   $    6,164
                                                           =========  =========                =========  ========  ===========
   to average assets                                                             4.02%  3.62%
                                                                                 =====  =====
   to average interest-earning
        assets                                                                   4.39%  3.98%
                                                                                 =====  =====

<FN>
(1)  Non-taxable  interest  income  has  been  adjusted to a taxable equivalent rate, using the federal income tax rate of 35%.
(2)  Yield/rate-volume  changes  have  been  allocated  to  each  category based on the percentage of each to the total change.
(3)  Nonaccrual loans are included in the average loan balances.  Income on such loans generally is recognized on a cash basis.
</TABLE>


                                     Page 8
<PAGE>
MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  RESULTS OF OPERATIONS AND FINANCIAL
CONDITION  (CONTINUED)
--------------------------------------------------------------------------------

NET  INTEREST  INCOME  (CONTINUED)

Net interest income on a taxable equivalent basis increased $6,164 or 20.57% for
the  quarter  ended  March  31,  2002,  over the comparable period in 2001.  Net
interest  margin  to  average  assets increased from 3.62% for the quarter ended
March  31,  2001  to  4.02%  for  the  quarter  ended  March  31, 2002.  This is
attributable  to a 41 basis point increase in the net interest margin to average
interest-earning  assets  (3.98%  compared  to  4.39%  for  the  same comparable
periods),  and an increase in the ratio of earning assets to average assets from
91.17%  at  March  31,  2001  to  91.58%  at  March  31,  2002.

Net  interest margin to average interest-earning assets increased from 3.98% for
the  quarter ended March 31, 2001 to 4.39% for the quarter ended March 31, 2002.
This  was  attributable to an increase in the net interest spread from 3.35% for
the  quarter ended March 31, 2001 to 4.02% for the quarter ended March 31, 2002.
The  increase  in the net interest spread was due to the decrease in the cost of
interest-bearing  liabilities  exceeding  the  decrease  in  interest  earned on
interest-earning  assets.  The  cost  of  interest-bearing liabilities decreased
from  4.45%  at  March 31, 2001 to 2.46% at March 31, 2002, or 199 basis points,
while the yield on interest-earning assets decreased from 7.80% to 6.48%, or 132
basis  points.  The decrease in the cost of interest-bearing liabilities was due
to  a  decrease  in the rates paid on deposits (primarily CDs).  The decrease in
the  yield  on  interest-earning  assets  was due to a decrease in the yields on
loans  and  taxable  investment  securities.

NONINTEREST  INCOME  AND  EXPENSE  (DOLLARS  IN  THOUSANDS)

Noninterest  income  decreased  by $345 or 2.95% for the quarter ended March 31,
2002,  over  the  comparable period in 2001.  Adjusted for a $1,793 nonrecurring
gain  recognized  in  the first quarter of 2001, noninterest income increased by
$1,448  or  14.63%.  The  increase  in  noninterest  income was primarily due to
increases in service charges on deposits.  Service charges on deposits increased
by  $1,094  or 18.55% over the comparable period primarily due to an increase in
transaction  deposit  accounts.

Noninterest expense increased by $1,420 or 5.06% for the quarter ended March 31,
2002  over  the  comparable  period  in  2001  due  to increases in salaries and
employee  benefits  and  data processing expense. Salaries and employee benefits
increased  $1,016  or  7.67%  over  the  comparable  period  primarily due to an
increase in the number of employees and merit increases. Data processing expense
increased  $443  or 21.14% over the comparable period due to the on-going growth
realized  by  Bancorporation.

Overall, the noninterest margin (noninterest income less noninterest expense) to
average  assets  declined  from a negative 1.98% for the quarter ended March 31,
2001  to a negative 2.02% for the quarter ended March 31, 2002.  This was due to
a 15 basis point decrease in noninterest income to average assets (6 basis point
increase  adjusted  for the aforementioned nonrecurring transaction in the first
quarter  of  2001),  offset  by  an  11  basis point improvement in non-interest
expense  to  average  assets.  The  noninterest  margin  adjusted  for  the
aforementioned  nonrecurring  transaction improved from a negative 2.19% for the
quarter ended March 31, 2001 to a negative 2.02% for the quarter ended March 31,
2002.


INCOME  TAXES  (DOLLARS  IN  THOUSANDS)

Total  income  tax  expense  increased by $1,393 or 32.90% for the quarter ended
March  31,  2002  over  the comparable period in 2001 due to the increase in net
income.  The  effective tax rate was 33.5% at March 31, 2002 and March 31, 2001,
respectively.


                                     Page 9
<PAGE>
MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  RESULTS OF OPERATIONS AND FINANCIAL
CONDITION  (CONTINUED)
--------------------------------------------------------------------------------
                               FINANCIAL CONDITION

INVESTMENT  SECURITIES  (DOLLARS  IN  THOUSANDS)

As  of  March  31,  2002, the investment portfolio totaled $939,100, compared to
$744,373  at  March  31, 2001.  The investment portfolio increased as funds were
shifted from federal funds sold to the bond portfolio.  Bancorporation continues
to  invest  primarily  in  short-term  U.S.  government  obligations  and agency
securities to minimize credit, interest rate and liquidity risk.  The investment
portfolio  consisted  of 93.59% and 91.88% U.S. government and government agency
securities as of March 31, 2002 and March 31, 2001, respectively.  The remainder
of  the  investment portfolio consists of municipal bonds and equity securities.

LOANS  AND  ALLOWANCE  FOR  LOAN  LOSSES  (DOLLARS  IN  THOUSANDS)

As  of March 31, 2002, loans totaled $2,229,677, compared to $2,089,855 at March
31,  2001, an increase of $139,822, or 6.69%, which is the result of normal loan
growth  and acquisitions.  The composition of the loan portfolio has not shifted
significantly  since  March  31,  2001.  Loan  growth  was  funded  through core
deposits  and  short-term  borrowed  funds.

During the month of February 2001, Bancorporation sold approximately $22 million
of  mortgage  loans  to  a third party investor.  The effect on the consolidated
statements  of  income  was  not  significant.

It  is  the  policy  of  Bancorporation to maintain an allowance for loan losses
which  is  adequate  to  absorb  probable losses inherent in the loan portfolio.
Management  believes that the provision taken during the quarter ended March 31,
2002 was appropriate to provide an allowance for loan losses which considers the
past  experience of charge-offs, the level of past due and nonaccrual loans, the
size  and mix of the loan portfolio, credit classifications and general economic
conditions  in  Bancorporation's  market  areas.

An  analysis  of  activity in the allowance for loan losses as of March 31, 2002
and  2001  is  presented  below.  The  allowance  for  loan losses is maintained
through  charges  to  the  provision  for  loan  losses.  Loan  charge-offs  and
recoveries  are  charged  or credited directly to the allowance for loan losses.

                                 AS OF AND FOR THE
                                   QUARTER ENDED
                                     MARCH 31,
                                ------------------
ALLOWANCE FOR LOAN LOSSES:        2002      2001
                                --------  --------
Balance at beginning of period  $40,259   $37,001
Provision for loan losses           889       624
                                --------  --------
Charge-offs                      (1,875)     (767)
Recoveries                          449       339
                                --------  --------
Net charge-offs                  (1,426)     (428)
                                --------  --------
Balance at end of period        $39,722   $37,197
                                --------  --------

Nonperforming assets            $ 4,211   $ 4,285

Annualized net charge-offs to:
  Average loans                     .25%      .08%
  Loans at end of period            .26%      .08%
  Allowance for loan losses       14.36%     4.60%

FUNDING  SOURCES  (DOLLARS  IN  THOUSANDS)

Bancorporation's  primary  source  of funds is its deposit base.  Total deposits
increased  $236,276  or by 8.19% from March 31, 2001 to March 31, 2002.  Between
March  31,  2001  and  March  31,  2002,  approximately $42,160 of deposits were
acquired  from  other  financial  institutions.


                                     Page 10
<PAGE>
MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF  RESULTS OF OPERATIONS AND FINANCIAL
CONDITION  (CONTINUED)
--------------------------------------------------------------------------------

Short-term borrowings in the form of repurchase agreements are another source of
funds.  Short-term borrowings decreased $34,103 or by 14.25% from March 31, 2001
to  March  31,  2002,  primarily  due  to  normal fluctuation in these accounts.

CAPITAL  RESOURCES

Regulatory agencies define capital as Tier I, consisting of stockholders' equity
less  ineligible  intangible  assets,  and  Total  Capital, consisting of Tier I
capital  plus the allowable portion of the allowance for loan losses and certain
long-term  debt.

Regulatory  guidelines require a minimum ratio of total capital to risk-adjusted
assets  of  8  percent,  with  at least 50 percent consisting of tangible common
stockholders'  equity  and  a minimum Tier I leverage ratio of 3 percent.  Banks
which  meet  or  exceed a Tier I ratio of 6 percent, a total capital ratio of 10
percent,  and  a  Tier  I  leverage  ratio  of  5  percent  are  considered
well-capitalized  by  regulatory  standards.  The  following  table  details
Bancorporation's  capital  ratios  at  March  31,  2002  and  2001.

CAPITAL  RATIOS                   MARCH  31,
                                --------------
                                 2002    2001
                                ------  ------

Tier I leverage ratio            7.45%   7.02%
Total risk-based capital ratio  13.03%  12.14%
   Tier I                       11.78%  10.89%
   Tier II                       1.25%   1.25%



ITEM  3.  QUANTITATIVE  AND  QUALITATIVE  DISCLOSURES  ABOUT  MARKET  RISK

There  have  been  no  material changes in market risk exposures that affect the
quantitative  and  qualitative disclosures presented as part of Bancorporation's
Annual  Report  on  Form  10-K  for  the  year  ended  December  31,  2001.


                                     Page 11
<PAGE>
                           PART II - OTHER INFORMATION

Item  1.  Legal  Proceedings

Bancorporation  and  its  subsidiaries,  are not parties to, nor is any of their
property  the  subject of, any material or other pending legal proceeding, other
than  ordinary  routine  proceedings  incidental  to  their  business.

Item  2.  Changes  in  Securities

Not  Applicable.

Item  3.  Defaults  upon  Senior  Securities

Not  Applicable.

Item  4.  Submission  of  Matters  to  a  Vote  of  Security  Holders

Not  Applicable.

Item  5.  Other  Information

Not  Applicable.

Item  6.  Exhibits  and  Reports  on  Form  8-K

(a)  Exhibits- The following exhibits are either attached hereto or incorporated
     by reference:

     3.1  Articles of Incorporation of the Registrant as amended (incorporated
          herein by reference to Exhibit 3.1 of the Registrant's 1994 Annual
          Report on Form 10-K).

     3.3  Bylaws of the Registrant as amended (incorporated herein by reference
          to Exhibit 3.3 of the Registrant's 2001 Annual Report on Form 10-K).

     4.1  Amended and Restated Trust Agreement of FCB/SC capital Trust I
          (incorporated herein by reference to Exhibit 4.1 of Registrant's
          Registration Statement No. 333-60319 filed with the SEC on July 31,
          1998).

     4.2  Form of Guaranty Agreement (incorporated herein by reference to
          Exhibit 4.2 of Registrant's registration Statement No. 333-60319 filed
          with the SEC on July 31, 1998).

     4.3  Junior Subordinated Indenture between Registrant and Bankers Trust
          Company, as Debenture Trustee (incorporated herein by reference to
          Exhibit 4.3 of Registrant's Registration Statement No. 333-60319 filed
          with the SEC on July 31, 1998).

     4.4  Form of Certificate evidencing Capital Securities (incorporated herein
          by reference to Exhibit 4.5 in the Registrant's Registration Statement
          No. 333-60319 filed with the SEC on July 31, 1998).

     4.5  Form of Junior Subordinated Debenture (incorporated herein by
          reference to Exhibit 4.6 in the Registrant's Registration Statement
          No. 333-60319 filed with the SEC on July 31, 1998).

     10.1 First Amendment of Employee Death Benefit and Post-Retirement
          Noncompetition and Consultation Agreement, dated February 16, 2002,
          between the Bank and Jay C. Case ( filed herewith).

     11   Statement re computation of per share earnings (filed herewith).


                                     Page 12
<PAGE>
SIGNATURES

Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
Registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  thereunto  duly  authorized.


                                             FIRST  CITIZENS  BANCORPORATION
                                             OF  SOUTH  CAROLINA,  INC.
                                             (Registrant)


Dated:   May 14, 2002                        By:  /s/  Craig  L.  Nix
         --------------                         ---------------------------
                                                Craig  L.  Nix
                                                (Chief  Financial  Officer)


<PAGE>