UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: First-Citizens Bank & Trust Company
Address: 100 E. Tryon Street
Raleigh, N.C. 27603
13F File Number: 28-04913
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is, to the best of his or her
knowledge, true, correct and complete, and that it is understood
that all required items, statements, schedules, lists, and
tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Randall H. Devers
Title: Senior Vice President
Phone: 919-716-7505
Signature, Place, and Date of Signing
Randall H. Devers Raleigh, North Carolina May 9, 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other managers Reporting for this Manager:
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 263
Form 13F Information Table Value Total: $2,701,216
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 1
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
AF BANKSHARES, INC. 001046101 321 45,000 SH
X 45,000
COMMON
AFLAC INC. 001055102 396 8,682 SH
X 8,682
AFLAC INC. 001055102 91 2,005 SH
X X 2,005
AIM CHARTER CL A 001413103 266 13,286 SH
X 10,128 3,158
AT&T CORP N Y COM 001957109 50,740 901,043 SH
X 897,333 300 3,410
AT&T CORP N Y COM 001957109 560 9,949 SH
X X 6,423 2,250 1,276
ABBOTT LABS 002824100 55,475 1,576,528 SH
X 1,574,668 1,860
COMMON
ABBOTT LABS 002824100 977 27,755 SH
X X 8,100 135 19,520
COMMON
ALLIANCE MUNI INC NATL CL A FD 018642108 186 18,683 SH
X 18,683
ALLIED IRISH BKS P L C 019228402 402 20,790 SH
X 20,790
ADR SPONS ORD
ALLSTATE CORP 020002101 170 7,121 SH
X 7,021 100
COM
ALLSTATE CORP 020002101 138 5,800 SH
X X 5,800
COM
AMERICA ONLINE INC 02364J104 64,303 953,520 SH
X 953,390 130
COM
AMERICA ONLINE INC 02364J104 216 3,200 SH
X X 3,200
COM
AMERICAN HOME PRODS CORP 026609107 1,129 20,997 SH
X 19,297 900 800
COMMON
AMERICAN HOME PRODS CORP 026609107 584 10,860 SH
X X 2,860 8,000
COMMON
AMERICAN INTERNATIONAL GROUP INC 026874107 41,250 376,711 SH
X 376,531 180
COMMON
AMERICAN INTERNATIONAL GROUP INC 026874107 1,719 15,700 SH
X X 5,675 10,025
COMMON
ATLANTIC RICHFIELD CO 048825103 360 4,230 SH
X 4,230
COMMON
ATLANTIC RICHFIELD CO 048825103 308 3,620 SH
X X 3,620
COMMON
BB&T CORP 054937107 1,004 35,780 SH
X 1,886 33,894
COMMON
BB&T CORP 054937107 492 17,546 SH
X X 3,736 13,810
COMMON
BP AMOCO P L C 055622104 531 9,978 SH
X 4,682 5,296
ADR SPONSORED
BP AMOCO P L C 055622104 448 8,406 SH
X X 2,716 5,690
ADR SPONSORED
BANK OF AMERICA CORP 060505104 51,084 974,185 SH
X 970,643 3,542
COM
BANK OF AMERICA CORP 060505104 278 5,298 SH
X X 252 5,046
COM
----------
PAGE TOTAL 273,428
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 2
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
BANK ONE CORP 06423A103 141 4,099 SH
X 3,805 294
COM
BANK ONE CORP 06423A103 123 3,564 SH
X X 324 3,240
COM
BELL ATLANTIC CORP 077853109 55,759 912,210 SH
X 909,043 3,167
COMMON
BELL ATLANTIC CORP 077853109 695 11,370 SH
X X 11,370
COMMON
BELL SOUTH CORP 079860102 3,064 65,359 SH
X 51,237 14,122
COMMON
BELL SOUTH CORP 079860102 1,878 40,064 SH
X X 15,152 24,912
COMMON
BERKSHIRE HATHAWAY INC DEL 084670207 104 57 SH
X 57
CL B
BERKSHIRE HATHAWAY INC DEL 084670207 328 180 SH
X X 180
CL B
BESTFOODS 08658U101 104 2,225 SH
X 2,225
COM
BESTFOODS 08658U101 140 2,982 SH
X X 582 2,400
COM
BIOGEN INC 090597105 210 3,000 SH
X 3,000
COM
BIOGEN INC 090597105 419 6,000 SH
X X 6,000
COM
BOEING COMPANY 097023105 13,710 362,572 SH
X 362,302 270
COMMON
BOEING COMPANY 097023105 242 6,400 SH
X X 6,200 200
COMMON
BRISTOL MYERS SQUIBB CO 110122108 29,752 512,963 SH
X 510,443 2,520
COMMON
BRISTOL MYERS SQUIBB CO 110122108 1,598 27,554 SH
X X 5,598 7,656 14,300
COMMON
BROADWING INC 111620100 353 9,500 SH
X 9,500
COM
CCB FINL CORP COM 124875105 412 9,349 SH
X 5,779 3,570
CCB FINL CORP COM 124875105 44 1,000 SH
X X 1,000
CAPITAL BANK CORP 139793103 401 56,320 SH
x 56,320
COMMON
CAROLINA FIN CORP INC 143874105 146 16,323 SH
X 16,323
COMMON
CAROLINA PWR & LT CO 144141108 544 16,757 SH
X 2,266 14,491
COMMON
CAROLINA PWR & LT CO 144141108 155 4,778 SH
X X 4,778
COMMON
CENTURA BKS INC 15640T100 254 5,552 SH
X 2,968 2,584
COMMON
CENTURA BKS INC 15640T100 24 524 SH
X X 524
COMMON
CENTURY BANCORP INC 156433104 676 53,000 SH
X 53,000
COMMON
CHEVRON CORP 166751107 410 4,440 SH
X 4,440
COMMON
CHEVRON CORP 166751107 341 3,689 SH
X X 1,244 2,445
COMMON
----------
PAGE TOTAL 112,027
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 3
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
CISCO SYSTEM INC 17275R102 158,530 2,050,494 SH
X 2,050,010 100 384
COMMON
CISCO SYSTEM INC 17275R102 2,791 36,100 SH
X X 12,000 24,100
COMMON
CITIGROUP INC 172967101 67,867 1,133,476 SH
X 1,132,285 1,191
COM
CITIGROUP INC 172967101 570 9,520 SH
X X 4,800 4,720
COM
CLOROX COMPANY 189054109 34,422 1,043,078 SH
X 1,042,738 340
COMMON
CLOROX COMPANY 189054109 531 16,076 SH
X X 400 15,676
COMMON
COCA COLA CO 191216100 15,314 326,253 SH
X 323,359 2,894
COMMON
COCA COLA CO 191216100 5,710 121,656 SH
X X 6,000 3,400 112,256
COMMON
COLGATE-PALMOLIVE 194162103 358 6,358 SH
X 6,358
COMMON STOCK
COLGATE-PALMOLIVE 194162103 240 4,264 SH
X X 1,064 3,200
COMMON STOCK
CONAGRA INC COM 205887102 351 19,350 SH
X X 600 18,750
DELL COMPUTER CORP 247025109 25,004 463,570 SH
X 461,600 1,970
WALT DISNEY CO 254687106 74,375 1,803,040 SH
X 1,802,740 300
COMMON
WALT DISNEY CO 254687106 107 2,600 SH
X X 2,600
COMMON
DIVERSIFIED RESOURCES CORP 255326100 0 21,000 SH
X X 21,000
COM
DOW CHEMICAL COMPANY 260543103 214 1,875 SH
X 1,875
COMMON
DOW CHEMICAL COMPANY 260543103 157 1,375 SH
X X 1,375
COMMON
DREYFUS APPRECIATION FD 261970107 4,764 104,473 SH
X 102,757 1,715
DREYFUS INSTL ST TERM TREASURY CL A 261974109 3,801 1,959,426 SH
X 1,947,181 12,244
FD
DREYFUS INSTL ST TERM TREASURY CL A 261974109 135 69,671 SH
X X 29,977 39,693
FD
DREYFUS PREMIER MIDCAP STOCK CL R 261978787 4,013 201,146 SH
X 201,146
FD
DREYFUS S&P 500 INDEX FD 26200Q105 362 8,268 SH
X 8,268
DREYFUS PREMIER ST MUNI BD NC CL A 26202D714 5 400 SH
X 400
FD
DREYFUS PREMIER ST MUNI BD NC CL A 26202D714 235 18,194 SH
X X 18,194
FD
DREYFUS US TREASURY INTERMEDIATE 26202G105 2,247 189,921 SH
X 189,921
FD
----------
PAGE TOTAL 402,103
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 4
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
DREYFUS US TREASURY INTERMEDIATE 26202G105 90 7,639 SH
X X 612 7,026
FD
E.I. DUPONT DENEMOURS & CO 263534109 34,664 654,805 SH
X 654,105 700
COMMON
E.I. DUPONT DENEMOURS & CO 263534109 106 2,000 SH
X X 300 1,700
COMMON
DUKE ENERGY CORP. 264399106 1,411 26,877 SH
X 18,819 8,058
COMMON
DUKE ENERGY CORP. 264399106 359 6,840 SH
X X 2,202 4,638
COMMON
E M C CORP MASS 268648102 61,164 485,430 SH
X 484,940 490
COM
E M C CORP MASS 268648102 1,017 8,070 SH
X X 8,070
COM
EATON VANCE MUNI TR 27826L868 241 24,790 SH
X 7,378 17,412
NC TAX-FREE FUND
EATON VANCE MUNI TR 27826L868 102 10,425 SH
X X 10,425
NC TAX-FREE FUND
ELFUN TRS 286281100 351 4,876 SH
X 4,876
UNIT CTF
ENRON CORP 293561106 307 4,100 SH
X 4,100
COMMON
EQUITY INCOME FD 294700588 13 12,253 SH
X 12,253
UN SR 14 STK M
EXXON MOBIL CORP 30231G102 101,748 1,305,501 SH
X 1,299,363 600 5,538
COM
EXXON MOBIL CORP 30231G102 2,711 34,782 SH
X X 4,812 8,312 21,658
COM
FANNIE MAE 313586109 48,665 860,369 SH
X 859,861 200 308
FANNIE MAE 313586109 766 13,535 SH
X X 1,635 11,900
FEDERATED STK TR 313900102 7,169 203,618 SH
X 203,618
SH BEN INT FUND#19
FEDERATED STK TR 313900102 26 731 SH
X X 731
SH BEN INT FUND#19
FEDERATED STK & BD FD CL A FUND 313911109 298 16,440 SH
X 16,440
FUND#11
FEDERATED INCOME SECS TR 31420C407 4,674 486,826 SH
X 475,981 10,845
INTER INCM INST FUND#303
FEDERATED INCOME SECS TR FUND 31420C506 112 11,660 SH
X 11,660
FUND# 348
FEDERATED INDEX TR 31420E106 50,428 1,651,215 SH
X 1,649,786 1,428
MAX CAP FUND INSTL SHS
FEDERATED INDEX TR 31420E106 1,421 46,544 SH
X X 46,544
MAX CAP FUND INSTL SHS
FEDERATED USGVT SECS: 2-5 YR 31428P103 404 39,038 SH
X 39,038
SH BEN INT INST FUND#47
FIDELITY ADVISOR SER I 315805101 3,652 46,336 SH
X 32,629 13,706
EQ GRW INSTL CL
----------
PAGE TOTAL 321,899
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 5
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
FIDELITY ADVISOR SER I 315805101 113 1,433 SH
X X 1,433
EQ GRW INSTL CL
FIDELITY ADVISOR SER I 315805606 624 27,366 SH
X 27,366
MID CAP FUND INSTITUTIONAL CLASS
FIDELITY FD INC 316153105 206 4,674 SH
X 4,674
COM
FIDELITY MAGELLAN FUND INC 316184100 277 1,936 SH
X 1,642 294
COM
FIDELITY GROWTH AND 316389204 3,505 74,093 SH
X 54,492 19,601
INCOME FUND
FIDELITY GROWTH AND 316389204 103 2,185 SH
X X 2,185
INCOME FUND
FIRST CITIZENS BANCSHARES 31946M103 3,182 56,348 SH
X 375 55,973
INC CLASS A COMMON STOCK
FIRST CITIZENS BANCSHARES 31946M103 495 8,759 SH
X X 1,039 7,720
INC CLASS A COMMON STOCK
FIRST CITIZENS BANCSHARES 31946M202 698 12,361 SH
X 62 12,299
INC CLASS B COMMON STOCK
FIRST CITIZENS BANCSHARES 31946M202 44 775 SH
X X 775
INC CLASS B COMMON STOCK
FIRST CITIZENS BANCORPORATION 319460101 8,399 38,080 SH
X 37,060 1,020
OF SOUTH CAROLINA INC COMMON
FIRST CITIZENS BANCORPORATION 319460101 778 3,520 SH
X X 3,520
OF SOUTH CAROLINA INC COMMON
FIRST COMMUNITY FIN CORP 31984M106 240 15,000 SH
X 15,000
COMMON
FIRST INV MLTST INSD TX FREE 320604820 155 12,683 SH
X X 12,683
N C SER
FIRST UNION CORPORATION 337358105 505 13,570 SH
X 4,946 8,624
COMMON
FIRST UNION CORPORATION 337358105 105 2,808 SH
X X 2,808
COMMON
FIRST WESTERN BANK 337498109 153 20,243 SH
X 20,243
COMMON
FIRSTAR CORP NEW WIS 33763V109 227 9,900 SH
X 9,900
COM
FIRSTAR FDS INC BOND IMMDEX FUND 337938302 8,918 326,563 SH
X 322,745 3,818
RTL
FIRSTAR FDS INC BOND IMMDEX FUND 337938302 1,160 42,460 SH
X X 536 41,923
RTL
FIRSTAR FDS INC INTERMEDIATE 337938682 6,689 668,873 SH
X 663,071 5,801
BOND MARKET FUND RTL
FIRSTAR FDS INC INTERMEDIATE 337938682 171 17,083 SH
X X 1,447 15,636
BOND MARKET FUND RTL
FORD MOTOR CO DEL 345370100 13,960 303,888 SH
X 303,888
COMMON
FORD MOTOR CO DEL 345370100 184 4,000 SH
X X 1,800 200 2,000
COMMON
FOUR OAKS FINCORP, INC. 350891107 302 9,000 SH
X 9,000
GTE CORP 362320103 323 4,552 SH
X 4,084 468
COMMON
GTE CORP 362320103 383 5,396 SH
X X 326 5,070
COMMON
----------
PAGE TOTAL 51,699
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 6
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
GANNETT 364730101 231 3,276 SH
X 3,076 200
COMMON
GANNETT 364730101 99 1,400 SH
X X 1,400
COMMON
GASTON FEDERAL BANCORP, INC. 367304102 67 5,591 SH
X 5,591
COMMON
GENERAL ELEC CO 369604103 110,986 713,162 SH
X 693,152 450 19,560
COMMON
GENERAL ELEC CO 369604103 4,177 26,840 SH
X X 7,778 9,792 9,270
COMMON
GENERAL MOTORS CORP 370442105 220 2,653 SH
X 2,453 200
COMMON
GENERAL MOTORS CORP 370442105 66 800 SH
X X 300 500
COMMON
THE GILLETTE CO 375766102 213 5,660 SH
X 5,660
COMMON
THE GILLETTE CO 375766102 186 4,930 SH
X X 2,530 2,400
COMMON
GLAXO PLC 37733W105 284 4,950 SH
X 1,800 3,150
SPONSORED ADR
GLAXO PLC 37733W105 52 900 SH
X X 900
SPONSORED ADR
GOLDMAN SACHS TR 38141W448 16,644 632,839 SH
X 626,063 6,775
INTL EQTY INSTL
GOLDMAN SACHS TR 38141W810 5,619 593,994 SH
X 584,576 9,417
GS CORE FXD INC
GOLDMAN SACHS TR 38141W810 15 1,549 SH
X X 1,549
GS CORE FXD INC
HERSHEY FOODS CORP. COM 427866108 29,638 607,966 SH
X 607,566 400
HERSHEY FOODS CORP. COM 427866108 625 12,815 SH
X X 665 12,150
HEWLETT PACKARD CO 428236103 45,895 346,212 SH
X 345,232 980
COMMON
HEWLETT PACKARD CO 428236103 954 7,200 SH
X X 100 500 6,600
COMMON
THE HOME DEPOT INC 437076102 42,415 657,592 SH
X 657,592
THE HOME DEPOT INC 437076102 116 1,800 SH
X X 1,800
HONEYWELL INTL INC 438516106 40,956 777,337 SH
X 777,177 160
COM
HONEYWELL INTL INC 438516106 24 450 SH
X X 450
COM
INTEL CORP 458140100 105,852 802,283 SH
X 801,543 740
COMMON
INTEL CORP 458140100 2,556 19,370 SH
X X 8,200 400 10,770
COMMON
IBM CORP 459200101 45,655 386,906 SH
X 386,078 828
COMMON
IBM CORP 459200101 1,264 10,712 SH
X X 3,536 7,176
COMMON
----------
PAGE TOTAL 454,809
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 7
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
AMERICAN INVESTMENT COMPANY OF 461308108 331 10,000 SH
X 10,000
AMERICA CL A FD
JANUS INVT FD 471023200 259 5,655 SH
X 5,655
GROWTH & INCOME
JEFFERSON PILOT CORP 475070108 2,154 32,359 SH
X 29,681 2,678
COMMON
JEFFERSON PILOT CORP 475070108 1,484 22,293 SH
X X 1,237 21,056
COMMON
JOHNSON & JOHNSON 478160104 26,368 375,346 SH
X 375,146 200
JOHNSON & JOHNSON 478160104 905 12,880 SH
X X 4,000 300 8,580
KEYCORP OHIO COM NEW 493267108 24 1,280 SH
X 1,280
KEYCORP OHIO COM NEW 493267108 427 22,476 SH
X X 22,476
KIMBERLY CLARK CORP 494368103 683 12,186 SH
X 11,586 600
LEXMARK INTL GROUP INC 529771107 867 8,200 SH
X X 8,200
CL A
COLONIAL NC TAX EXEMPT CL B FD 530542661 261 37,175 SH
X X 37,175
ELI LILLY & CO 532457108 646 10,318 SH
X 718 9,600
COMMON
ELI LILLY & CO 532457108 25 400 SH
X X 400
COMMON
LOWE'S COMPANIES, INC 548661107 8,680 148,686 SH
X 147,886 800
COMMON
LOWE'S COMPANIES, INC 548661107 70 1,200 SH
X X 1,200
COMMON
LUCENT TECHNOLOGIES INC 549463107 1,691 27,273 SH
X 22,825 256 4,192
COMMON
LUCENT TECHNOLOGIES INC 549463107 220 3,544 SH
X X 3,260 284
COMMON
MCI WORLDCOM INC 55268B106 50,709 1,119,080 SH
X 1,119,080
COM
MCI WORLDCOM INC 55268B106 1,002 22,110 SH
X X 8,955 375 12,780
COM
MFS MUN SER TR 55273N871 242 21,328 SH
X 21,293 35
N C MUN BD FD A
MCDONALDS CORP 580135101 365 9,767 SH
X 9,767
COMMON
MCDONALDS CORP 580135101 415 11,100 SH
X X 1,200 9,900
COMMON
MEDTRONIC INC COM 585055106 438 8,520 SH
X 8,520
MEDTRONIC INC COM 585055106 257 5,000 SH
X X 5,000
MELLON FINL CORP 58551A108 536 18,000 SH
X 18,000
COM
----------
PAGE TOTAL 99,059
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 8
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
MERCK & CO INC 589331107 1,118 18,004 SH
X 13,738 4,266
COMMON
MERCK & CO INC 589331107 578 9,300 SH
X X 5,700 2,800 800
COMMON
MERRILL LYNCH & CO INC 590188108 24,737 235,590 SH
X 235,490 100
COMMON
MERRILL LYNCH & CO INC 590188108 224 2,130 SH
X X 2,130
COMMON
MICROSOFT CORP 594918104 151,548 1,426,333 SH
X 1,425,617 716
COMMON
MICROSOFT CORP 594918104 2,216 20,860 SH
X X 7,400 13,460
COMMON
MINNESOTA MNG & MFG CO 604059105 257 2,900 SH
X 2,900
COMMON
MINNESOTA MNG & MFG CO 604059105 142 1,600 SH
X X 1,600
COMMON
MORGAN STANLEY DEAN WITTER & CO 617446448 36,608 441,730 SH
X 440,400 1,330
COM NEW
MORGAN STANLEY DEAN WITTER & CO 617446448 84 1,008 SH
X X 808 200
COM NEW
MOTOROLA 620076109 53 365 SH
X 365
COMMON
MOTOROLA 620076109 664 4,550 SH
X X 200 450 3,900
COMMON
MUNIYIELD QUALITY FD INC 626302103 276 23,404 SH
X 23,404
COM
AMERICAN NEW PERSPECTIVE CL A FD 648018109 203 6,473 SH
X 6,473
NORTEL NETWORKS CORP 656569100 35,028 278,000 SH
X 278,000
COM
NORTEL NETWORKS CORP 656569100 108 856 SH
X X 856
COM
NORTH STATE TELECOMMUNICATIONS 662642107 946 7,884 SH
X 7,884
CORPORATION CLASS A COMMON STOCK
NORTH STATE TELECOMMUNICATIONS 662642206 689 5,742 SH
X 5,742
CORPORATION CLASS B COMMON STOCK
NUVEEN FLAGSHIP MLTST TR III 67065P840 27 2,756 SH
X 2,756
NC MUN BD FD A
NUVEEN FLAGSHIP MLTST TR III 67065P840 156 15,966 SH
X X 15,966
NC MUN BD FD A
NUVEEN FLAGSHIP MUN TR 67065Q400 156 17,306 SH
X 14,031 3,275
MUN BD FD CL R
NUVEEN MUN VALUE FD INC 670928100 84 10,000 SH
X 10,000
COM
ORACLE SYSTEMS 68389X105 80,970 1,037,234 SH
X 1,036,580 100 554
COMMON
ORACLE SYSTEMS 68389X105 806 10,320 SH
X X 2,300 450 7,570
COMMON
PNC FINANCIAL SERVICES GROUP 693475105 220 4,872 SH
X 4,072 800
COMMON
----------
PAGE TOTAL 337,898
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 9
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
PNC FINANCIAL SERVICES GROUP 693475105 135 3,000 SH
X X 3,000
COMMON
PEPSICO INC 713448108 37,768 1,082,945 SH
X 1,080,311 1,000 1,634
COMMON
PEPSICO INC 713448108 1,130 32,400 SH
X X 7,900 5,200 19,300
COMMON
PHARMACIA & UPJOHN INC 716941109 65 1,085 SH
X 940 145
COM
PHARMACIA & UPJOHN INC 716941109 1,061 17,835 SH
X X 17,835
COM
PFIZER INC 717081103 70,212 1,920,312 SH
X 1,918,300 2,012
COMMON
PFIZER INC 717081103 1,064 29,100 SH
X X 5,400 5,400 18,300
COMMON
PIEDMONT BANCORP INC. 720104108 1,333 124,000 SH
X 124,000
COMMON
PRICE T ROWE & ASSOC INC 741477103 5,729 145,030 SH
X 144,730 300
COM
PROCTER & GAMBLE COMMON 742718109 12,732 225,346 SH
X 225,166 180
PROCTER & GAMBLE COMMON 742718109 651 11,520 SH
X X 2,100 1,100 8,320
PROVIDIAN FINL CORP 74406A102 208 2,400 SH
X 2,400
COM
PROVIDIAN FINL CORP 74406A102 165 1,900 SH
X X 1,900
COM
QUALCOMM INC 747525103 17,918 120,000 SH
X 120,000
COM
RAMBUS INC DEL 750917106 12,781 43,400 SH
X 42,400 1,000
COM
ROYAL DUTCH PETE CO 780257804 177 3,055 SH
X 3,055
NY REG SHS 1.25
ROYAL DUTCH PETE CO 780257804 208 3,600 SH
X X 3,600
NY REG SHS 1.25
SBC COMMUNICATIONS INC. 78387G103 59,008 1,400,790 SH
X 1,391,863 8,927
SBC COMMUNICATIONS INC. 78387G103 1,109 26,337 SH
X X 9,900 838 15,599
SCI SYSTEMS INC 783890106 30,798 572,980 SH
X 572,980
COMMON
SCHERING-PLOUGH CORPORATION 806605101 28,656 771,892 SH
X 771,608 284
COMMON
SCHERING-PLOUGH CORPORATION 806605101 1,414 38,100 SH
X X 10,100 2,800 25,200
COMMON
SCHLUMBERGER 806857108 48,335 631,830 SH
X 631,730 100
COMMON
SCHLUMBERGER 806857108 287 3,750 SH
X X 3,750
COMMON
SOLECTRON CORP COMMON 834182107 36,442 908,200 SH
X 908,200
SONOCO PRODUCTS COMPANY, 835495102 275 11,943 SH
X 11,943
COMMON STOCK
----------
PAGE TOTAL 369,661
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 10
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
SOUTH STREET FINANCIAL CORP 840468102 728 105,000 SH
X 105,000
COMMON
SOUTHERN BANCSHARES, INC 842243107 172 17,205 SH
X 17,205
SERIES B PFD
SPRINT CORP 852061100 53,381 847,316 SH
X 844,420 2,896
COMMON
SPRINT CORP 852061506 1,115 17,022 SH
X 14,150 2,872
PCS COM SER 1
STAPLES INC 855030102 39,703 1,985,160 SH
X 1,984,760 400
TARGET CORP 87612E106 15 200 SH
X 200
COM
TARGET CORP 87612E106 635 8,500 SH
X X 8,500
COM
TELLABS INC 879664100 50,454 801,059 SH
X 800,859 200
COM
TELLABS INC 879664100 1,726 27,400 SH
X X 5,700 500 21,200
COM
TEXAS INSTRUMENTS 882508104 73,010 456,315 SH
X 456,207 108
COMMON
TEXAS INSTRUMENTS 882508104 1,560 9,750 SH
X X 800 8,950
COMMON
TRI CONTL CORP 895436103 231 9,078 SH
X 9,078
COM
UNITED TECHNOLOGIES CORP 913017109 303 4,800 SH
X 2,800 2,000
COMMON
UNITED TECHNOLOGIES CORP 913017109 708 11,200 SH
X X 11,200
COMMON
VANGUARD TAX-MANAGED CAPITAL 921943205 232 6,315 SH
X 6,315
APPRECIATION FD
VANGUARD WINDSOR FD 922018106 410 27,146 SH
X 27,146
VANGUARD INDEX 500 FUND 922908108 5,346 38,714 SH
X 38,164 549
VODAFONE GROUP PLC 92857T107 412 7,410 SH
X 4,945 2,465
SPONSORED ADR
VODAFONE GROUP PLC 92857T107 414 7,450 SH
X X 750 6,700
SPONSORED ADR
WACHOVIA CORP NEW 929771103 718 10,627 SH
X 10,627
COMMON
WACHOVIA CORP NEW 929771103 27 405 SH
X X 405
COMMON
WAL MART STORES, INC 931142103 43,407 768,260 SH
X 766,420 1,100 740
WAL MART STORES, INC 931142103 2,183 38,640 SH
X X 11,200 6,640 20,800
WALGREEN CO 931422109 623 24,194 SH
X 24,194
COMMON
WALGREEN CO 931422109 288 11,200 SH
X X 6,400 4,800
COMMON
WARNER LAMBERT CO COM 934488107 341 3,489 SH
X 3,489
AMERICAN WASHINGTON MUTUAL INVESTORS 939330106 491 16,845 SH
X 3,340 13,505
CL A FD
----------
PAGE TOTAL 278,633
REPORT PTR289 3R FIRST-CITIZENS BANK & TRUST CO SECURITIES AND EXCHANGE
COMMISSION FORM 13-F 04/27/00 PAGE 11
AS OF
03/31/00
- - - - - COLUMN 1 AND 2 - - - - - - COLUMN 3 - COLUMN 4 - - -COLUMN 5 - - -
- - COLUMN 6- - COLUMN 7- - - - - - COLUMN 8- - - - -
INVESTMENT
MARKET
DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/
SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
(A) (B) (C) MANAGERS (A) (B) (C)
<S> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C>
ASSOCIATED APARTMENTS INVESTORS/ 99980HMI6 235 0 SH
X
COLONY LIMITED PARTNERSHIP
----------
PAGE TOTAL 235
FINAL TOTALS 2,701,216
</TABLE>
