First Citizens BancShares (FCNCA) in Raleigh, N.C., postedlower third-quarter profit from the same period last yearafter recording a gain from an acquisition.

The $21.2 billion-asset company said Friday that it earned $39.5 million, down roughly 51% from a year earlier. In the third quarter of 2011, the company posted an $86.9 million gain from the acquisition of the failed Colorado Capital Bank in Castle Rock. This was partially offset by lower noninterest expense and provision for loan and lease losses.

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