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
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2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) X
(b) _____________________________________________________________
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3) SEC Use Only ___________________________________________________
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4) Citizenship or Place of Organization Dyersburg, Tennessee
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Number of (5) Sole Voting Power 168,966
Shares Bene- --------------------------------------------------------------
ficially (6) Shared Voting Power 0
Owned by --------------------------------------------------------------
Each Report- (7) Sole Dispositive Power 168,966
ing Person -------------------------------------------------------------
With (8) Shared Dispositive Power 0
- ------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Ownd by Reporting Person 168,966
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
___________________________________________________________________
11) Percent of Class Represented by Amount in Row 9 22.51%
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12) Type of Reporting Person EP
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Item 4. Ownership as of December 31, 1997
(a) Amount Beneficially Owned:
168,966
(b) Percent of Class:
22.51%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 168,966
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 168,966
(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 ###-##-####
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2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) N/A
(b) _____________________________________________________________
----------------------------------------------------------------------------
3) SEC Use Only ___________________________________________________
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4) Citizenship or Place of Organization U. S. Citizen
----------------------------------------------------------------------------
Number of (5) Sole Voting Power 15,667
Shares Bene -----------------------------------------------------------
ficially (6) Shared Voting Power 32,179
Owned by -----------------------------------------------------------
Each Report- (7) Sole Dispositive Power 15,667
ing Person ---------------------------------------------------------
With (8) Shared Dispositive Power 32,179
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9) Aggregate Amount Beneficially Ownd by Reporting Person 47,846
- -----------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11) Percent of Class Represented by Amount in Row 9 6.37%
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12) Type of Reporting Person IN
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Item 4. Ownership as of December 31, 1997
(a) Amount Beneficially Owned:
47,846
(b) Percent of Class:
6.37%
(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 32,179
(iii) sole power to dispose or to direct the
disposition of 15,667
(iiii) shared power to dispose or to direct the
disposition of 32,179
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 16,926
Shares Bene- -----------------------------------------------------------------
ficially (6) Shared Voting Power 42,010
Owned by -----------------------------------------------------------------
Each Report- (7) Sole Dispositive Power 16,926
ing Person -----------------------------------------------------------------
With (8) Shared Dispositive Power 42,010
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9) Aggregate Amount Beneficially Owned by Reporting Person 58,936
------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
_________________________________________________________________
11) Percent of Class Represented by Amount in Row 9 7.85%
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12) Type of Reporting Person IN
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Item 4. Ownership as of December 31, 1997
(a) Amount Beneficially Owned:
58,936
(b) Percent of Class:
7.85%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 16,926
(ii) shared power to vote or to direct the vote 42,010
(iii) sole power to dispose or to direct the
disposition of 16,926
(iiii) shared power to dispose or to direct the
disposition of 42,010
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
