LIMITED POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby

constitutes and appoints each of MATTHEW G. T. MARTIN, IAN A. BIGGS,

WILLIAM R. LATHAN, JR., E. KNOX PROCTOR V AND BRIAN T. ATKINSON, or either

of them, or any substitute appointed by either of them, jointly

and severally, as the undersigned's true and lawful

attorney-in-fact to:

(1) prepare, execute and submit to the Securities and Exchange

Commission (the "SEC"), in the name and on behalf of the

undersigned, a Form ID, including any amendments thereto, and

any other documents necessary or appropriate, to obtain codes

and passwords enabling the undersigned to make electronic

filings with the SEC of reports required by Section 16(a) of

the Securities Exchange Act of 1934 (the "Exchange Act") or

any other section of the Exchange Act or rule or regulation

of the SEC.

(2) prepare, execute and file with the SEC, in the name and on

behalf of the undersigned in the undersigned's capacity as an

officer, director and/or principal shareholder of First

Citizens BancShares, Inc. (the "Corporation"), any and all

Forms 3, 4 and 5, and any amendments thereto, in accordance

with Section 16(a) of the Exchange Act, and the rules

thereunder, and any other forms or reports the undersigned

may be required to file pursuant to the Exchange Act and

rules thereunder (including Schedules 13D and 13G and

amendments thereto), pertaining to the undersigned's

beneficial ownership of shares of the Corporation's equity

securities and any acquisitions or dispositions, or other

changes in the undersigned's beneficial ownership, of such

equity securities;

(3) do and perform any and all acts for and on behalf of the

undersigned which may be necessary or desirable to complete

and execute any such Form 3, 4 and 5 or other form or report,

or any amendments thereto, and timely file the same with the

SEC and any stock exchange or similar authority; and

(4) take any other action of any type whatsoever in connection

with the foregoing which, in the opinion of either such

attorney-in-fact, may be of benefit to, in the best interest

of, or legally required to be done by, the undersigned, it

being understood that the documents executed by either such

attorney-in-fact on behalf of the undersigned pursuant to

this Power of Attorney shall be in such form and shall

contain such terms and conditions as such attorney-in-fact

may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such

attorney-in-fact, acting individually or jointly with each

other, full power and authority to do and perform any and every

act and thing whatsoever required, necessary, or proper to be

done in the exercise of any of the rights and powers herein

granted, as fully to all intents and purposes as the undersigned

might or could do if personally present, with full power of

substitution or revocation, and the undersigned hereby ratifies

and confirms all that such attorney-in-fact, or such

attorney-in-fact's substitute or substitutes, shall lawfully do

or cause to be done by virtue of this power of attorney and the

powers herein granted. The undersigned acknowledges that the

foregoing attorneys-in-fact, are serving in such capacity at the

request of the undersigned and are not assuming, nor is the

Corporation assuming, any of the undersigned's responsibilities

to comply with and to file forms or other reports and

information as is required by Section 16(a) or any other section

of the Exchange Act or any rule or regulation thereunder.

This Power of Attorney shall remain in full force and

effect until the undersigned is no longer required to file Forms

3, 4 and 5, Schedules 13D and 13G, or other forms or reports,

with respect to the undersigned's holdings of and transactions

in securities issued by the Corporation, unless earlier revoked

by the undersigned in a signed writing delivered to the

foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power

of Attorney to be executed as of this 25th day of January, 2022.

/s/Victor E. Bell III (SEAL)

Signature

Victor E. Bell III

Printed Name

WAKE COUNTY, NORTH CAROLINA

I certify that the following person personally appeared before me

this day, acknowledging to me that he/she signed the foregoing

document: Victor E. Bell III

Date 01/25/2022

Notary Public /s/Marshella T. Baker

My commission expires:

01/02/2026 (Official Seal)