<ARTICLE> 9 <CIK> 0000037032 <NAME> FIRST VIRGINIA BANKS, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 378,171 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 323,620 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 1,820,949 <INVESTMENTS-MARKET> 1,823,404 <LOANS> 5,364,787 <ALLOWANCE> 62,761 <TOTAL-ASSETS> 8,236,056 <DEPOSITS> 7,042,650 <SHORT-TERM> 234,488 <LIABILITIES-OTHER> 83,765 <LONG-TERM> 3,876 <COMMON> 32,408 <PREFERRED-MANDATORY> 0 <PREFERRED> 647 <OTHER-SE> 838,222 <TOTAL-LIABILITIES-AND-EQUITY> 8,236,056 <INTEREST-LOAN> 450,109 <INTEREST-INVEST> 118,896 <INTEREST-OTHER> 18,211 <INTEREST-TOTAL> 587,216 <INTEREST-DEPOSIT> 202,370 <INTEREST-EXPENSE> 9,928 <INTEREST-INCOME-NET> 374,918 <LOAN-LOSSES> 17,734 <SECURITIES-GAINS> 1,789 <EXPENSE-OTHER> 279,310 <INCOME-PRETAX> 176,324 <INCOME-PRE-EXTRAORDINARY> 176,324 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 116,341 <EPS-PRIMARY> 3.50 <EPS-DILUTED> 3.49 <YIELD-ACTUAL> 7.88 <LOANS-NON> 14,906 <LOANS-PAST> 8,919 <LOANS-TROUBLED> 5,537 <LOANS-PROBLEM> 5,140 <ALLOWANCE-OPEN> 57,922 <CHARGE-OFFS> 16,611 <RECOVERIES> 3,716 <ALLOWANCE-CLOSE> 62,761 <ALLOWANCE-DOMESTIC> 62,761 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 62,761