<ARTICLE> 9 <CIK> 0000037032 <NAME> FIRST VIRGINIA BANKS, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 386,832 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 243,162 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 1,946,944 <INVESTMENTS-MARKET> 1,954,155 <LOANS> 5,937,978 <ALLOWANCE> 68,064 <TOTAL-ASSETS> 9,011,637 <DEPOSITS> 7,619,842 <SHORT-TERM> 251,687 <LIABILITIES-OTHER> 126,126 <LONG-TERM> 2,826 <COMMON> 51,817 <PREFERRED-MANDATORY> 0 <PREFERRED> 583 <OTHER-SE> 958,756 <TOTAL-LIABILITIES-AND-EQUITY> 9,011,637 <INTEREST-LOAN> 498,874 <INTEREST-INVEST> 109,850 <INTEREST-OTHER> 22,395 <INTEREST-TOTAL> 631,119 <INTEREST-DEPOSIT> 210,671 <INTEREST-EXPENSE> 12,256 <INTEREST-INCOME-NET> 408,192 <LOAN-LOSSES> 17,177 <SECURITIES-GAINS> 51 <EXPENSE-OTHER> 303,243 <INCOME-PRETAX> 191,324 <INCOME-PRE-EXTRAORDINARY> 191,324 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 124,845 <EPS-PRIMARY> 2.47 <EPS-DILUTED> 2.45 <YIELD-ACTUAL> 8.01 <LOANS-NON> 16,281 <LOANS-PAST> 14,734 <LOANS-TROUBLED> 4,861 <LOANS-PROBLEM> 33,840 <ALLOWANCE-OPEN> 62,761 <CHARGE-OFFS> 21,546 <RECOVERIES> 4,121 <ALLOWANCE-CLOSE> 68,064 <ALLOWANCE-DOMESTIC> 68,064 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 68,064