<SEC-DOCUMENT>0001209191-22-001385.txt : 20220105
<SEC-HEADER>0001209191-22-001385.hdr.sgml : 20220105
<ACCEPTANCE-DATETIME>20220105094359
ACCESSION NUMBER:		0001209191-22-001385
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220103
FILED AS OF DATE:		20220105
DATE AS OF CHANGE:		20220105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Alemany Ellen R
		CENTRAL INDEX KEY:			0001537972

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16715
		FILM NUMBER:		22509664

	MAIL ADDRESS:	
		STREET 1:		ONE ADP BOULEVARD
		CITY:			ROSELAND
		STATE:			NJ
		ZIP:			07068

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST CITIZENS BANCSHARES INC /DE/
		CENTRAL INDEX KEY:			0000798941
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				561528994
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4300 SIX FORKS ROAD
		CITY:			RALEIGH
		STATE:			NC
		ZIP:			27609
		BUSINESS PHONE:		919 716 7000

	MAIL ADDRESS:	
		STREET 1:		4300 SIX FORKS ROAD
		CITY:			RALEIGH
		STATE:			NC
		ZIP:			27609
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">Received in connection with the merger of CIT Group Inc. (&quot;CIT&quot;) into the Issuer, effective January 3, 2022 (the &quot;Merger&quot;), based on the Merger exchange ratio, in exchange for (i) 37,965.7200 shares of CIT common stock which were converted into shares of the Issuer's Class A common stock, and (ii) outstanding Restricted Stock Units (&quot;RSUs&quot;) previously representing the right to receive, upon vesting, an aggregate of 323,826.6080 shares of CIT common stock which were converted into RSUs representing the right to receive an adjusted number of shares of the Issuer's Class A common stock and having vesting terms consistent with the terms of the RSUs for which they were exchanged.  On the effective date of the Merger, the closing price of CIT common stock was $53.50, and the closing price of the Issuer's Class A common stock was $859.76.</footnote>
        <footnote id="F2">Received in connection with the Merger in exchange for 12,655 shares of CIT common stock.</footnote>
        <footnote id="F3">Received in connection with the Merger in exchange for 31,050 shares of CIT common stock.</footnote>
        <footnote id="F4">Received in connection with the Merger in exchange for 122,000 shares of CIT common stock.</footnote>
        <footnote id="F5">Received in connection with the Merger in exchange for 50,700 shares of CIT common stock.</footnote>
        <footnote id="F6">Received in connection with the Merger in exchange for 49,000 shares of CIT common stock.</footnote>
        <footnote id="F7">Received in connection with the Merger in exchange for 30,000 shares of CIT Series B Preferred Stock.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Ellen R. Alemany, By: William R. Lathan, Jr., Attorney-in-fact</signatureName>
        <signatureDate>2022-01-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
