First Citizens BancShares, Inc. (BancShares) is a financial holding company. The Company conducts operations through its banking subsidiary, First-Citizens Bank & Trust Company (FCB). The Company provides treasury services products, cardholder and merchant services, wealth management services and various other products and services offered by commercial banks. The Company invests the liquidity generated from funding sources in interest-earning assets, including loans and leases, investment securities and overnight investments. It also invests in bank premises, hardware, software, furniture and equipment used to conduct its commercial banking business. FCB and FCB-SC operates in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia and the District of Columbia.