UNTIED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D. C.
20549
SCHEDULE 13G
Under the Securities
Exchange Act of 1934
(AMENDMENT No. 3)*
FIRST CITIZENS
BANCSHARES, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of
Securities)
319462‑10
(CUSIP Number)
December 31, 2011
(Date of Event Which
Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
x
Rule 13d-1(b)
o
Rule 13d-1(c)
o
Rule 13d-1(d)
* The remainder of this cover
page shall be filled out for a reporting person's initial filing on this form
with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter the disclosures provided in
a prior cover page.
The information required in the
remainder of this cover page shall not be deemed to be filed for the purpose
of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise
subject to the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).
CUSIP No. 319462-10
1. Names
of Reporting Persons.
I.R.S. Identification Nos. of
above persons (entities only).
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)
(b)
X
3. SEC Use Only
4. Citizenship or Place of Organization
Tennessee
Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power 750,798
6. Shared Voting Power 0
7. Sole Dispositive Power 750,798
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Reporting
Person
750,798
10. Check if the Aggregate Amount in Row (9) Excludes
Certain Shares
11. Percent of Class Represented by Amount in Row (9)
20.8%
12. Type of Reporting Person
EP
CUSIP No. 319462-10
Item 1.
(a) Name of Issuer:
First Citizens Bancshares, Inc.
(b) Address of
Issuers Principal Executive Offices:
One First Citizens Place
Dyersburg, TN 38024
Item 2.
(a) Name of Person
Filing
First Citizens National Bank
Employee Stock Ownership Plan and Trust
(b) Address of
Principal Business Office or, if None, Residence
One First Citizens Place
Dyersburg, Tennessee 38024
(c) Citizenship
Tennessee
(d) Title of Class
of Securities
Common Stock
(e) CUSIP Number
319462-10
Item 3
.
If This Statement is Filed Pursuant to
Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
(f)
x
An
employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
Item 4.
Ownership
.
Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer identified in
Item 1.
(a) Amount
Beneficially Owned: 750,798
|
|
(b) Percent of Class:
20.8%
|
|
(c) Number of shares
as to which such person has:
|
(i) sole power to vote or to direct the vote
|
750,798
|
|
(ii) shared power to vote or to direct the vote
|
0
|
|
(iii) sole power to dispose or to direct the disposition of
|
0
|
|
(iv) shared power to dispose or to direct the disposition of
|
750,798
|
|
CUSIP No. 319462-10
Item 5. Ownership of Five Percent or Less of Class.
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the following
o
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
Not applicable.
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of Members of
the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
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.