WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. [DESCRIPTION] FINANCIAL DATA SCHEDULE <ARTICLE> 9 <CIK> 0000037032 <NAME> FIRST VIRGINIA BANKS, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <CASH> 398,951 <INT-BEARING-DEPOSITS> 2,300 <FED-FUNDS-SOLD> 196,095 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 23,333 <INVESTMENTS-CARRYING> 2,260,462 <INVESTMENTS-MARKET> 2,265,828 <LOANS> 5,984,827 <ALLOWANCE> 68,533 <TOTAL-ASSETS> 9,377,245 <DEPOSITS> 7,896,137 <SHORT-TERM> 311,241 <LIABILITIES-OTHER> 123,695 <LONG-TERM> 3,659 <COMMON> 51,848 <PREFERRED-MANDATORY> 0 <PREFERRED> 542 <OTHER-SE> 990,123 <TOTAL-LIABILITIES-AND-EQUITY> 9,377,245 <INTEREST-LOAN> 256,898 <INTEREST-INVEST> 57,076 <INTEREST-OTHER> 15,171 <INTEREST-TOTAL> 329,145 <INTEREST-DEPOSIT> 109,295 <INTEREST-EXPENSE> 6,773 <INTEREST-INCOME-NET> 213,077 <LOAN-LOSSES> 10,139 <SECURITIES-GAINS> 511 <EXPENSE-OTHER> 159,693 <INCOME-PRETAX> 98,864 <INCOME-PRE-EXTRAORDINARY> 98,864 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 63,986 <EPS-PRIMARY> 1.23 <EPS-DILUTED> 1.23 <YIELD-ACTUAL> 7.96 <LOANS-NON> 13,476 <LOANS-PAST> 14,398 <LOANS-TROUBLED> 2,262 <LOANS-PROBLEM> 31,922 <ALLOWANCE-OPEN> 68,064 <CHARGE-OFFS> 12,600 <RECOVERIES> 2,251 <ALLOWANCE-CLOSE> 68,533 <ALLOWANCE-DOMESTIC> 68,533 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0