<ARTICLE> 9 <CIK> 0000037032 <NAME> FIRST VIRGINIA BANKS, INC. <MULTIPLIER> 1000 <RESTATED> <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-END> DEC-31-1996 DEC-31-1995 <CASH> 378,171 397,858 <INT-BEARING-DEPOSITS> 0 0 <FED-FUNDS-SOLD> 323,620 235,000 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 0 64,546 <INVESTMENTS-CARRYING> 1,820,949 2,128,220 <INVESTMENTS-MARKET> 1,823,404 2,146,792 <LOANS> 5,364,787 5,038,076 <ALLOWANCE> 62,761 57,922 <TOTAL-ASSETS> 8,236,056 8,221,536 <DEPOSITS> 7,042,650 7,056,107 <SHORT-TERM> 234,488 209,719 <LIABILITIES-OTHER> 83,765 83,353 <LONG-TERM> 3,876 2,710 <COMMON> 48,612 50,927 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 647 695 <OTHER-SE> 822,018 818,025 <TOTAL-LIABILITIES-AND-EQUITY> 8,236,056 8,221,536 <INTEREST-LOAN> 450,109 436,495 <INTEREST-INVEST> 118,896 117,524 <INTEREST-OTHER> 18,211 19,580 <INTEREST-TOTAL> 587,216 573,599 <INTEREST-DEPOSIT> 202,370 204,433 <INTEREST-EXPENSE> 9,928 11,069 <INTEREST-INCOME-NET> 374,918 358,097 <LOAN-LOSSES> 17,734 8,341 <SECURITIES-GAINS> 1,789 0 <EXPENSE-OTHER> 279,310 271,384 <INCOME-PRETAX> 176,324 168,278 <INCOME-PRE-EXTRAORDINARY> 176,324 168,278 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 116,341 111,599 <EPS-PRIMARY> 2.34 2.19 <EPS-DILUTED> 2.32 2.18 <YIELD-ACTUAL> 7.88 7.95 <LOANS-NON> 14,906 17,066 <LOANS-PAST> 8,919 6,262 <LOANS-TROUBLED> 5,537 4,260 <LOANS-PROBLEM> 5,140 7,680 <ALLOWANCE-OPEN> 57,922 58,860 <CHARGE-OFFS> 16,611 12,721 <RECOVERIES> 3,716 3,442 <ALLOWANCE-CLOSE> 62,761 57,922 <ALLOWANCE-DOMESTIC> 62,761 57,922 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 62,761 57,922