<DOCUMENT>
<TYPE>EX-22
<SEQUENCE>3
<FILENAME>dex22.txt
<DESCRIPTION>SUBSIDIARIES OF THE REGISTRANT
<TEXT>
<PAGE>

                                   Exhibit 22

                         SUBSIDIARIES OF THE REGISTRANT


                                                     State or Jurisdiction
               Subsidiary                               of Incorporation
--------------------------------------------------------------------------------
First-Citizens Bank & Trust Company                 North Carolina

Atlantic States Bank                                United States of America

FCB/NC Capital Trust I                              Delaware

FCB/NC Capital Trust II                             Delaware

American Guaranty Insurance Corporation             North Carolina

Neuse, Incorporated                                 North Carolina


</TEXT>
</DOCUMENT>