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 Shares Beneficially Owned by Each Reporting Person with
( 5) Sole Voting Power 732,934
( 6) Shared Voting Power 0
( 7) Sole Dispositive Power 732,934
( 8) Shared Dispositive Power 0
( 9) Aggregate Amount Beneficially Owned by Reporting Person 732,934
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ]
(11) Percent of Class Represented by Amount in Row (9) 19.72%
(12) Type of Reporting Person EP
Item 4. Ownership as of December 31, 2006
(a) Amount Beneficially Owned: 732,934
(b) Percent of Class: 19.72%
(c) Number of shares as to which such person has:
( i) sole power to vote or to direct the
vote
732,934
(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 732,934
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.
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: March 22, 2007
/s/
JUNE
JONES
ADMINISTRATOR of
First Citizens National Bank
ESOP Plan & Trust
Date: March 22, 2007
/s/ KERRIE HECKETHORN
ADMINISTRATOR of
First Citizens National Bank
ESOP Plan & Trust
Date: March 22, 2007
/s/ JUDY LONG
ADMINISTRATOR of
First Citizens National Bank
ESOP Plan & Trust
Date: March 22, 2007
/s/ JEFF
AGEE
ADMINISTRATOR of
First Citizens National Bank
ESOP Plan & Trust
Date: March 22, 2007
/s/ SHERRELL ARMSTRONG
ADMINISTRATOR of
First Citizens National Bank
ESOP Plan & Trust