page_title: First Citizens BancShares
section_title: Timeline
hierarchical_section_title: First Citizens BancShares / Timeline
caption_attribution_description: English: Footprint of First Citizens BancShares within the United States. Zip codes with more than one branch have progressively larger points. From the upper left, clockwise: Florida, the North Carolina/Virginia area, southern California, and Washington. Image is to scale.
context_page_description: First Citizens Bancshares, Incorporated is a bank holding company based in Raleigh, North Carolina that operates First Citizens Bank. First Citizens operates in 18 states and the District of Columbia in the United States, concentrated in the Southeastern United States, Southern California, and Washington.
  Assuming completion of a merger announced in June 2014, First Citizens Bank will become the sixth largest bank in the Southeast with 575 branches in 18 states and the District of Columbia, $30.7 billion in assets, $26.1 billion in deposits, and $18 billion in loans. In 2010 the company employed approximately 4,400 employees.
  First Citizens Bank serves clients in more than 200 locales with 571 branches in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Kansas, Maryland, Minnesota, Missouri, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, Pennsylvania, and West Virginia.
context_section_description: First Citizens Bank, first known as the Bank of Smithfield, opened on March 1, 1898. It eventually evolved into First National Bank of Smithfield, and merged with Citizens National Bank to become First and Citizens National Bank. In 1929, it changed its name to First-Citizens Bank and Trust Company. It reorganized as a holding company, First Citizens BancShares, in 1986.
  For three generations, the bank has been led by the family of Robert Powell Holding, who joined the bank in 1918 and rose to president in 1935.
  1971 – acquired The Haynes Bank of Cliffside, North Carolina
  1974 – acquired The Bank of Coleridge in Ramseur, North Carolina and The Bank of Commerce in Charlotte, North Carolina
  1979 – acquired Bank of Conway in Conway, North Carolina
  1981 – acquired Commercial & Farmers Bank of Rural Hall, North Carolina and Commercial & Savings Bank of Boonville, North Carolina
  1983 – acquired Peoples Bank of North Carolina in Madison, North Carolina
  1985 – acquired First State Bank of Winterville, North Carolina, Farmers Bank of Pilot Mountain, North Carolina, and Farmers Bank of Sunbury in Sunbury, North Carolina
  1990 – acquired Heritage Federal Savings and Loan Association of Monroe, North Carolina and North Carolina Savings and Loan Association, FA of Charlotte, North Carolina
  1991 – acquired Mutual Savings and Loan Association of Charlotte, North Carolina and First Federal Savings Bank of Hendersonville, North Carolina
  1993 – acquired Caldwell Savings Bank of Lenoir, North Carolina, Surety Federal Savings and Loan Association, FA of Morganton, North Carolina, and Pioneer Savings Bank of Rocky Mount, North Carolina
  1994 – acquired The Bank of Bladenboro in Bladenboro, North Carolina, Edgecomb Homestead Savings Bank of Tarboro, North Carolina, and First Republic Savings Bank FSB of Roanoke Rapids, North Carolina
  1995 – acquired First Investors Savings Bank of Whiteville, North Carolina and State Bank of Fayetteville, North Carolina
  1996 – acquired First-Citizens Bank & Trust Company of Lawrenceville, Virginia, Peoples Savings Bank of Wilmington, North Carolina, and Summit Savings Bank of Sanford, North Carolina
  1997 – acquired First Savings Bank of Rockingham County in Reidsville, North Carolina
  1998 – acquired First Citizens Bank & Trust Company of White Sulphur Springs, West Virginia
  2003 – acquired Avery County Bank of Newland, North Carolina
  2009 – U.S. Bank National Association, a subsidiary bank of U.S. Bancorp, entered into a definitive agreement to purchase the bond trustee business of First Citizens Bank, a subsidiary of First Citizens BancShares.
  2009 – acquired Temecula Valley Bank of Temecula, California and Venture Bank of Lacey, Washington
  2010 – acquired First Regional Bank of Los Angeles, California and Sun American Bank of Boca Raton, Florida
  2011 – changed Ironstone Bank to division from subsidiary
  2011 – acquired United Western Bank of Denver, Colorado
  2011 – acquired Colorado Capital Bank of Castle Rock, Colorado
  2013 – announced merger with 1st Financial Corp. of Hendersonville, North Carolina
  2014 – announced merger with First Citizens Bank of South Carolina
  2015 – acquired Capitol City Bank and Trust Company of Atlanta, Georgia
  2019 - acquired Biscayne Bank.
caption: First Citizens' branch footprint. From the upper left, clockwise: Florida, the North Carolina/Virginia area, southern California, and Washington state.
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