** **

**EXHIBIT 3.1**

CHARTEROFFIRST CITIZENS BANCSHARES, INC.

The undersignednatural person or persons, having capacity to contract and acting as theincorporator or incorporators of a corporation under the Tennessee GeneralCorporation Act, adopt the following charter for such corporation:

| 1.       | The name of the corporation is First Citizens Bancshares,    Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 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|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| 2.       | The duration of the corporation is perpetual.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        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| 3.       | The address of the principal office of the corporation in    the State of Tennessee shall be Court and Mill Streets, Dyersburg,    Tennessee, County of Dyer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        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| 4.       | The corporation is for profit.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    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|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  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| 5.  | The principal purpose for which the corporation is    organized is to engage in banking and non-banking activities of a bank    holding company which is registered with the Board of Governors of the    Federal Reserve System under the Federal Bank Holding Company Act of 1956,    as amended. This corporation may engage in any and all lawful businesses    allowed for such a bank holding company under state and federal law.   6. 
The maximum number of shares which the corporation shall    have the authority to issue is Four Hundred Ten Thousand (410,000) shares,    each of which shall have a par value of Ten Dollars ($10.00).   7.
The corporation will not commence business until    consideration of an amount not less than One Thousand Dollars ($1,000.00)    has been received for the issuance of shares.  8. 
The capital stock of the corporation may be issued for    valid corporate purposes upon authorization by the Board of Directors of the    corporation without prior stockholder approval.  9. 
The affirmative vote of the holders of not less than    eighty percent (80%) of the outstanding voting stock of the corporation is    required in the event that the Board of Directors of the corporation does    not recommend to the stockholders of the corporation a vote in favor of (1)    a merger or consolidation of the corporation with, or (2) a sale, exchange    or lease of all or substantially all of the assets of the corporation to,    any person or entity. For purposes of this provision, substantially all of    the assets shall mean assets having a fair market value or book value,    whichever is greater, of 25 percent or more of the total assets as reflected    on a balance sheet of the corporation as of a date no earlier than 45 days    prior to any acquisition of such assets. The affirmative vote of the holders    of not less than eighty percent (80%) of the outstanding voting stock of the    corporation is required to amend or repeal the provisions of this Section 9.      10. 
The Board of Directors of the corporation shall consist    of a maximum of twenty-two (22) stockholders of the corporation. The    affirmative vote of the holders of not less than eighty percent (80%) of the    outstanding voting stock of the corporation is required to amend or repeal    the provisions of this Section 11.   11.
The holders of the shares of the corporation shall have no preemptive right, asdefined in Section 48-713 of the Tennessee General Corporation Act. 

 

 

Dated December 13, 1982

/s/ Judith Ward Lineback                  Incorporator

DESIGNATIONOFREGISTERED AGENTOFFIRST CITIZENSBANCSHARES, INC.

Tothe Secretary of State of Tennessee:

                Pursuant to the provisions ofSection 48-1201 of the Tennessee General Corporation Act, the undersignedincorporator or incorporators of a domestic corporation being organized underthe Act submit the following statement for the purpose of designating theregistered agent for the corporation in the State of Tennessee:

1.             The nameof the corporation is First Citizens Bancshares Inc.

2.             Thename and street address of its registered agent in the State of Tennessee shall be Stallings Lipford, Court and Mill Streets, Dyersburg, Tennessee 38024.

Dated December 13, 1982

/s/ Judith Ward Lineback                   

ARTICLES OF AMENDMENT TOTHE CHARTEROFFIRST CITIZENSBANCSHARES, INC.

Pursuant to the provisions of Section 48-303 ofthe Tennessee General Corporation Act, the undersigned corporation adopts thefollowing articles of amendment to its Charter: 

1.       The name of thecorporation is First Citizens Bancshares, Inc. 

2.       The amendments adoptedare: 

a.       The corporation herebyadopts the following article as Article 12 of its Charter: 

At alltimes each holder of common stock of the corporation shall be entitled to onevote for each share of such stock standing in his name on the books of thecorporation. At all elections of directors of the corporation, each holder ofcommon stock shall be entitled to as many votes as shall equal the number ofvotes which (except for this provision) he would then be entitled to cast forthe election of directors with respect to his shares multiplied by the numberof directors upon whose election he is then entitled to vote, and he may castall of such votes for a single candidate or may distribute them among some orall of the candidates, as he may see fit.

b.       The corporation herebyadopts the following amendment to Section 10 of its Charter:

Thereference to "Section 11" in the last line of Section 10 of thecorporation's Charter is amended to read "Section 10."

3.       The amendment was dulyadopted by unanimous written consent of the shareholders on June 14, 1983. 

4.       The amendment shall beeffective upon the filing of these Articles with the Secretary of State. 

 

Dated June 17, 1983.

FIRSTCITIZENS BANCSHARES, INC.

By:/s/ StallingsLipford           Stallings Lipford, President

AMENDMENTS TO ARTICLESOF ASSOCIATIONOFFIRST CITIZENSBANCSHARES, INC.CONTROL NUMBER 0123149

Pursuant to the provisions of Section 48-303 ofthe Tennessee General Corporation Act, the undersigned corporation adopts thefollowing articles of amendment to its Charter: 

 

1.The name of the corporation is First Citizens Bancshares, Inc.

2.The amendments adopted are:

a.              Thecorporation hereby adopts the following amendment to Article 6 of its Charterby restating as follows: 

Article6: The maximum number of shares which the Corporation shall have the authorityto issue is seven- hundred fifty thousand (750,000) shares which shall have apar value of Ten Dollars ($10.00).

b.             The Corporation hereby adopts thefollowing as Article 13 of its Charter: 

Article13: Indemnification of Directors and Officers.

Section1. Right to Indemnification. Each person who was or is made a party or isthreatened to be made a party to or is otherwise involved in any action, suitor proceeding, whether civil, criminal, administrative or investigative(hereinafter a "proceeding"), by reason of the fact that he or she isor was a director or officer of the Corporation or is or was serving at therequest of the Corporation as a director or officer of another corporation orof a partnership, joint venture, trust or other enterprise, including servicewith respect to an employee benefit plan (hereinafter an"indemnitee"), whether the basis of such proceeding is alleged actionin an official capacity as a director or officer or in any other capacity whileserving as a director or officer shall be indemnified and held harmless by theCorporation to the fullest extent authorized by applicable Federal and statelaw, as the same exists or may hereafter be amended (but, in the case of anysuch amendment, only to the extent that such amendment permits the Corporationto provide broader indemnification rights than such law permitted theCorporation to provide prior to such amendment), against all expense, liabilityand loss (including attorneys' fees, judgments, fines ERISA excise taxes orpenalties and amounts paid in settlement) reasonably incurred or suffered bysuch indemnitee in connection therewith and such indemnification shall continueas to an indemnitee who has ceased to be a director or officer and shall inureto the benefit of the indemnitee's heirs, executors and administratorsprovided, however, that, except as provided in Section 2 hereof with respect toproceedings to enforce rights to indemnification, the Corporation shallindemnify any such indemnitee in connection with a proceeding (or part thereof)initiated by such indemnitee only if such proceeding (or part thereof) wasauthorized by the board of directors of the Corporation. The right toindemnification conferred in this Article shall be a contract right and shallinclude the right to be paid by the Corporation the expenses incurred indefending any such proceeding in advance of its final disposition (hereinafteran "advancement of expenses"); provided, however, that if the applicableFederal and state law requires, an advancement of expenses incurred by anindemnitee in his or her capacity as a director or officer (and not in anyother capacity in which service was or is rendered by such indemnitee,including, without limitation, service to an employee benefit plan) shall bemade only upon the following: 

(i)            deliveryto the Corporation of an undertaking (hereinafter an "undertaking"),by or on behalf of such indemnitee, to repay all amounts so advanced if itshall ultimately be determined by final judicial decision from which there isno further right to appeal (hereinafter a "final adjudication"), thatsuch indemnitee is not entitled to be indemnified for such expenses under thisSection or otherwise;

(ii)           deliveryto he Corporation by the indemnitee of a written affirmation by the indemniteeof his good faith belief that he has (a) conducted himself in good faith; and(b) he reasonably believed in the case of his official capacity with theCorporation, that his conduct was in its best interest; (c) he reasonablybelieved in all other cases, that his conduct was at least not opposed to itsbest interest; and (d) in the case of any criminal proceeding, he had noreasonable cause to believe his conduct was unlawful;

(iii)          adetermination is made on the facts then known to those making the determinationwould not preclude indemnification under Tennessee law.

 

Section 2. Right of Indemnitee to Bring Suit.

Ifa claim under Section 1 of this Article is not paid in full by the Corporationwithin sixty days after a written claim has been received by the Corporation,except in the case of a claim for an advancement of expenses, in which case theapplicable period shall be twenty days, the indemnitee may at any timethereafter bring suit against the Corporation to recover the unpaid amount ofthe claim. If successful in whole or in part in any such suit, or in a suitbrought by the Corporation to recover an advancement of expenses pursuant tothe terms of an undertaking, the indemnitee shall be entitled to be paid alsothe expense of prosecuting or defending such suit. In (i) any suit brought bythe indemnitee to enforce a right to indemnification hereunder (but not in asuit brought by the indemnitee to enforce a right to an advancement of expenses)it shall be a defense that, and (ii) in any such suit by the Corporation torecover an advancement of expenses pursuant to the terms of an under-taking theCorporation shall be entitled to recover such expenses upon a finaladjudication that, the indemnitee has not met the application standard ofconduct set forth in the Tennessee law. Neither the failure of the Corporation(including its board of directors, independent legal counsel, or itsstockholders) to have made a determination prior to the commencement of suchsuit that indemnification of the indemnitee is proper in the circumstancesbecause the indemnitee has met the application standard of conduct set forth inthe Tennessee law, nor an actual determination by the Corporation (includingits board of directors, independent legal counsel, or its stockholders) thatthe indemnitee has not met such applicable standard of conduct, shall create apresumption that the indemnitee has not met the applicable standard of conductor, in the case of such a suit brought by the indemnitee, be a defense to suchsuit. In any suit brought by the indemnitee to enforce a right toindemnification or to an advancement of expenses hereunder, or by theCorporation to recover an advancement of expenses pursuant to the terms of anundertaking, the burden of proving that the indemnitee is not entitled to beindemnified, or to such advancement of expenses, under this Article orotherwise shall be on the Corporation. 

 

Section3. Non-Exclusivity of Rights.

Therights to indemnification and to the advancement of expenses conferred in thisArticle shall not be exclusive of any other right which any person may have orhereafter acquire under any statute, the Corporation's Articles ofIncorporation, bylaw, agreement, vote of stockholders or disinteresteddirectors or otherwise.

 

Section 4. Insurance.

TheCorporation may maintain insurance, at its expense, to protect itself and anydirector or officer of the Corporation or another corporation, partnership,joint venture, trust or other enterprise against any expense, liability orloss, whether or not the Corporation would have the power to indemnify suchperson against such expense, liability of loss under Tennessee BusinessCorporations Law.

 

Section5. Indemnification of Employees and Agents of the Corporation. The Corporationmay, to the extent authorized from time to time by the board of directors,grant rights to indemnification, and to the advancement of expenses to anyemployee or agent of the Corporation to the fullest extent of the provisions ofthis Section with respect to the indemnification and advancement of expenses ofdirectors and officers of the Corporation.

c.             TheCorporation hereby adopts the following as Article 14 of its Charter:

Article14: Elimination of Liability of Directors for Monetary Damages for CertainAlleged Breaches of Fiduciary Duty

Adirector of this corporation shall not be personally liable to the corporationor its stockholders for monetary damages for breach of fiduciary duty as adirector, except for liability (I) for any breach of the director's duty ofloyalty to the corporation or its stockholders; (ii) for acts or omissions notin good faith or which involve intentional misconduct or a knowing violation oflaw; (iii) or under TCA 48-18-304. No provision will eliminate or limit theliability of a director for any act or omission occurring prior to the datewhen such provisions become effective.

3.The amendments were duly adopted by a majority vote of the shareholders onApril 18, 1989.

4.The amendment shall be effective upon the filing of these Articles with theSecretary of State.

 

Dated May 2, 1989.

FIRST CITIZENS BANCSHARES, INC. 

By:/s/ STALLINGS LIPFORD        StallingsLipford, President

ARTICLES OF AMENDMENT TOTHE CHARTEROFFIRST CITIZENSBANCSHARES, INC.CONTROL #0123149

 

Pursuant to the provisions of Section 48-303 ofthe Tennessee General Corporation Act, the undersigned corporation adopted thefollowing article of amendment to its Charter:

1. The name of the corporation is First CitizensBancshares, Inc.

2. The amendment adopted is:

a.  The corporation hereby adopts thefollowing amendment to Article 6 of its Charter by restating as follows:

 

Article6: The maximum number of shares which the Corporation shall have the authority toissue is two million (2,000,000) shares which shall have a par value of OneDollar ($1.00)

 

3. The amendment was duly adopted by a majorityvote of the shareholders on April 20, 1994.

4. The amendment shall be effective upon thefiling of this Article with the Secretary of State.

 

Dated May 25, 1994

FIRSTCITIZENS BANCSHARES, INC.

By: /s/  KATIE WINCHESTERKatie Winchester, President

ARTICLES OF AMENDMENT TOTHE CHARTER OFFIRST CITIZENSBANCSHARES, INC.CONTROL #0123149

Pursuant to the provisions of Section 48-20-106of the Tennessee Business Corporation Act, the undersigned corporation adoptedthe following article of amendment to its charter:

1.      Thename of the corporation is FIRST CITIZENS BANCSHARES, INC.

2.      Theamendments adopted are:  

a.      Article6 is amended to read as follows:

Themaximum number of shares which the Corporation shall have the authority toissue is 10,000,000 shares of voting common stock having $1.00 par value.

b.      Article10 regarding the maximum number of directors is deleted.  The vote of 80% ofthe outstanding shares was obtained to delete this provision.

3.      Thecorporation is a for-profit corporation.  

4.      Therewill be no exchange, reclassification, or cancellation of issued shares as aresult of this amendment.

5.      Theamendment was duly adopted on April 15, 1998, by the shareholders.  

6.      Theamendment is to be effective when these articles are filed by the Secretary ofState.

 

 

Dated:  April 16, 1998                                              FIRSTCITIZENS BANCSHARES, INC.

                                By:              /s/Katie Winchester                   

                                                                                                KatieWinchester, President

ARTICLES OF CORRECTION 

Pursuant to theprovisions of Section 48-11-305 of the Tennessee Business Corporation Act, theundersigned corporation hereby submits this application:

1.      Thename of the corporation is: First Citizens Bancshares, Inc.

 

2.      A copy of the incorrect document (as filed) is attached.

 

3.      Ifthe document is incorrect because of incorrect statement(s), enter theincorrect statement(s) and the reason(s) it is incorrect:

Article2, Section A of the Articles of Amendment to the Charter dated April 16, 1998,amended Article 6 of the charter to read as follows: 

Themaximum number of shares which the Corporation shall have authority to issue is10,000,000 shares of voting common stock having $1.00 par value. 

Theamount of par value was erroneously state in the Articles of Amendment to theCharter as $1.00 when it should have been no par value.

4.      Thecorrect statement(s) is/are:

Article2, Section A of the Articles of Amendment to the Charter dated April 16, 1998,shall be amended to read as follows:

A.     Article6 is amended to read as follows:

Themaximum number of shares which the Corporation shall have authority to issue is10,000,000 shares of voting common stock having no par value.

     August 31, 1998                                            FirstCitizens Bancshares, Inc.      Signature date                                                      Nameof Corporation

 

 

            President                                                       /s/KatieWinchester                    Signer's Capacity                                                                Signature

 

                                                                                   KatieWinchester                                                                                             Name(typed or printed) |