SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(AMENDMENT #2)
FIRST CITIZENS BANCSHARES, INC.
(Name of Issuer)
COMMON CAPITAL STOCK
(Title of Class of Securities)
319462-10
(CUSIP Number)
Check the following box if a fee is being paid with this statement __.
1) Name and S. S. Number of Reporting Person
First Citizens National Bank Employee Stock Ownership Plan and Trust
62-0201100
-----------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X___________________________________________________________
(b) _____________________________________________________________
--------------------------------------------------------------------------
3) SEC Use Only ___________________________________________________
--------------------------------------------------------------------------
4) Citizenship or Place of Organization Dyersburg, Tennessee
--------------------------------------------------------------------------
Number of (5) Sole Voting Power 167,605
Shares Bene- -----------------------------------------------------------
ficially (6) Shared Voting Power 0
Owned by -----------------------------------------------------------
Each Report- (7) Sole Dispositive Power 167,605
ing Person -------------------------------------------------------
With (8) Shared Dispositive Power 0
- ------------------------------------------------------------------------
9) Aggregate Amount Beneficially Ownd by Reporting Person 167,605
--------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
___________________________________________________________________________
11) Percent of Class Represented by Amount in Row 9 22.60%
--------------------------------------------------------------------------
12) Type of Reporting Person EP
--------------------------------------------------------------------------
Item 4. Ownership as of December 31, 1996
(a) Amount Beneficially Owned:
167,605
(b) Percent of Class:
22.60%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 167,605
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 167,605
(iiii) shared power to dispose or to direct the disposition of 0
<PAGE>
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
_________________________________________________________________
Date
_________________________________________________________________
Tommy Lipford/Administrator of First Citizens National Bank ESOP
Plan & Trust
_________________________________________________________________
Kerrie Heckethorn/Administrator of First Citizens National Bank
ESOP Plan & Trust
_________________________________________________________________
Judy Long/Administrator of First Citizens National Bank ESOP
Plan & Trust
_________________________________________________________________
Jeff Agee/Administrator of First Citizens National Bank ESOP
Plan & Trust
_________________________________________________________________
Ben Ragan/Administrator of First Citizens National Bank ESOP
Plan & Trust
_________________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(AMENDMENT #2)
FIRST CITIZENS BANCSHARES, INC.
(Name of Issuer)
COMMON CAPITAL STOCK
(Title of Class of Securities)
N/A
(CUSIP Number)
Check the following box if a fee is being paid with this statement __.
CUSIP No. N/A
1) Name and S. S. Number of Reporting Person
Milton Eugene Magee ###-##-####
------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) N/A
(b) ____________________________________________________________
--------------------------------------------------------------------
3) SEC Use Only ___________________________________________________
--------------------------------------------------------------------
4) Citizenship or Place of Organization U. S. Citizen
--------------------------------------------------------------------
Number of (5) Sole Voting Power 15,667
Shares Bene ---------------------------------------------------
ficially (6) Shared Voting Power 31,832
Owned by ----------------------------------------------------
Each Report- (7) Sole Dispositive Power 15,667
ing Person -------------------------------------------------
With (8) Shared Dispositive Power 31,832
--------------------------------------------------------------------
9) Aggregate Amount Beneficially Ownd by Reporting Person 47,499
- ----------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
---------------------------------------------------------------------
11) Percent of Class Represented by Amount in Row 9 6.41%
---------------------------------------------------------------------
12) Type of Reporting Person IN
---------------------------------------------------------------------
Item 4. Ownership as of December 31, 1996
(a) Amount Beneficially Owned:
47,499
(b) Percent of Class:
6.41%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 15,667
(ii) shared power to vote or to direct the vote 31,832
(iii) sole power to dispose or to direct the disposition of 15,667
(iiii) shared power to dispose or to direct the disposition of 31,832
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of hanging or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
_________________________________________________________________
Date
_________________________________________________________________
Signature
Milton Eugene Magee (Director)
_________________________________________________________________
Name/Title
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(AMENDMENT #3)
FIRST CITIZENS BANCSHARES, INC.
(Name of Issuer)
COMMON CAPITAL STOCK
(Title of Class of Securities)
319462-10
(CUSIP Number)
Check the following box if a fee is being paid with this statement __.
1) Name and S. S. Number of Reporting Person
Elizabeth Magee Taylor ###-##-####
----------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) N/A__________________________________________________________
(b) _____________________________________________________________
---------------------------------------------------------------------
3) SEC Use Only ____________________________________________________
---------------------------------------------------------------------
4) Citizenship or Place of Organization U.S. Citizen
---------------------------------------------------------------------
Number of (5) Sole Voting Power 16,677
Shares Bene- --------------------------------------------------------
ficially (6) Shared Voting Power 40,652
Owned by -------------------------------------------------------
Each Report- (7) Sole Dispositive Power 16,677
ing Person --------------------------------------------------------
With (8) Shared Dispositive Power 40,652
--------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Reporting Person 57,329
--------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
_________________________________________________________________
11) Percent of Class Represented by Amount in Row 9 7.73%
-----------------------------------------------------------------
12) Type of Reporting Person IN
----------------------------------------------------------------
Item 4. Ownership as of December 31, 1996
(a) Amount Beneficially Owned:
57,329
(b) Percent of Class:
7.73%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 16,677
(ii) shared power to vote or to direct the vote 40,652
(iii) sole power to dispose or to direct the disposition of 16,677
(iiii) shared power to dispose or to direct the disposition of 40,652
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
_________________________________________________________________
Date
_________________________________________________________________
Signature
Elizabeth Magee Taylor, Shareholder
__________________________________________________________________
Name/Title
