First Citizens Bancshares, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 57,131 58,617
Cost of Revenue 7,692 8,710
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 27,554 26,392
Non-Recurring Items 653 441
Other 4,290 8,877
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax 16,942 14,197
Interest Expense 1,664 3,300
Earnings Before Tax 15,278 10,897
Income Tax 3,416 2,022
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations 11,862 8,875
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 11,862 8,875
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 11,862 8,875