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> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1999 <CASH> 359,363 <INT-BEARING-DEPOSITS> 25 <FED-FUNDS-SOLD> 245,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 17,122 <INVESTMENTS-CARRYING> 2,403,099 <INVESTMENTS-MARKET> 2,405,810 <LOANS> 6,004,017 <ALLOWANCE> 66,200 <TOTAL-ASSETS> 9,540,914 <DEPOSITS> 8,022,579 <SHORT-TERM> 349,093 <LIABILITIES-OTHER> 146,933 <LONG-TERM> 2,971 <COMMON> 50,125 <PREFERRED-MANDATORY> 0 <PREFERRED> 502 <OTHER-SE> 968,711 <TOTAL-LIABILITIES-AND-EQUITY> 9,540,914 <INTEREST-LOAN> 125,540 <INTEREST-INVEST> 29,417 <INTEREST-OTHER> 5,576 <INTEREST-TOTAL> 160,533 <INTEREST-DEPOSIT> 50,102 <INTEREST-EXPENSE> 3,624 <INTEREST-INCOME-NET> 106,807 <LOAN-LOSSES> 3,956 <SECURITIES-GAINS> 822 <EXPENSE-OTHER> 81,931 <INCOME-PRETAX> 67,772 <INCOME-PRE-EXTRAORDINARY> 67,772 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 44,284 <EPS-PRIMARY> .88 <EPS-DILUTED> .88 <YIELD-ACTUAL> 7.56 <LOANS-NON> 14,018 <LOANS-PAST> 18,250 <LOANS-TROUBLED> 2,386 <LOANS-PROBLEM> 31,885 <ALLOWANCE-OPEN> 70,312 <CHARGE-OFFS> 4,829 <RECOVERIES> 1,084 <ALLOWANCE-CLOSE> 66,200 <ALLOWANCE-DOMESTIC> 66,200 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 63,237