<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 1996 AND FOR THE SIX-MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000714612 <NAME> CCB FINANCIAL CORPORATION <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 214,260 <INT-BEARING-DEPOSITS> 3,760,049 <FED-FUNDS-SOLD> 198,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 890,440 <INVESTMENTS-CARRYING> 75,822 <INVESTMENTS-MARKET> 78,088 <LOANS> 3,499,741 <ALLOWANCE> 45,423 <TOTAL-ASSETS> 5,060,468 <DEPOSITS> 4,310,617 <SHORT-TERM> 144,939 <LIABILITIES-OTHER> 92,393 <LONG-TERM> 61,243 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 75,258 <OTHER-SE> 376,016 <TOTAL-LIABILITIES-AND-EQUITY> 5,060,468 <INTEREST-LOAN> 156,730 <INTEREST-INVEST> 30,190 <INTEREST-OTHER> 7,643 <INTEREST-TOTAL> 194,563 <INTEREST-DEPOSIT> 83,945 <INTEREST-EXPENSE> 88,713 <INTEREST-INCOME-NET> 105,850 <LOAN-LOSSES> 5,150 <SECURITIES-GAINS> 11 <EXPENSE-OTHER> 74,867 <INCOME-PRETAX> 55,407 <INCOME-PRE-EXTRAORDINARY> 55,407 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 36,116 <EPS-PRIMARY> 2.40 <EPS-DILUTED> 2.40 <YIELD-ACTUAL> 4.55 <LOANS-NON> 11,980 <LOANS-PAST> 4,229 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 15,704 <ALLOWANCE-OPEN> 44,218 <CHARGE-OFFS> 2,421 <RECOVERIES> 476 <ALLOWANCE-CLOSE> 45,423 <ALLOWANCE-DOMESTIC> 45,423 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 6,677