SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HOLDING FRANK B

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST CITIZENS BANCORPORATION OF SOUTH CAROLINA INC [ FCBN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/29/2003		P		50	A	393	41,703⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾	I	By spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

2. In addition to the listed shares, the reporting person may be deemed to directly own 150,521 shares of the issuer's common stock.

3. In addition to the listed shares, the reporting person may be deemed to indirectly beneficially own shares of the issuer's stock as follows: 158 shares of Series B Preferred Stock held by his spouse; 25 shares of Series C Preferred Stock held by his spouse; and 100 shares of Series F Preferred Stock held by his spouse. The reporting person disclaims beneficial ownership of all those indirectly held shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of those shares for purpose of Section 16 of the Securities and Exchange Act of 1934 or for any other purposes.

4. In addition to the listed shares, the reporting person may be deemed to indirectly beneficially own shares of the issuer's common stock as follows: an aggregate of 48,049 shares issuer's common stock held by corporations in which he is a director and/or principal shareholder, but he claims beneficial ownership of those shares except to the extent of his pecuniary interest therein.

5. In addition to the listed shares, the reporting person may be deemed to indirectly beneficially own shares of the issuer's held by or in trust for his adult children and their spouses as follows: 259,615 shares of common stock; 418 shares of Series A Preferred Stock; 1,699 shares of Series B Preferred Stock; 2,243 shares of Series C Preferred Stock; 378 shares of Series E Preferred Stock; 1,181 shares of Series F Preferred Stock; 2,907 shares of Series G Preferred Stock; and 3,200 shares of Series G Preferred Stock held in trust for his grandchild. The reporting person disclaims beneficial ownership of all those indirectly held shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of those shares for purposes of Section 16 of the Securities Exchange Act of 1934 for any other purpose.

	William R. Lathan, Jr., Attorney in Fact	07/07/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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