<ARTICLE> 9 <LEGEND> The schedule contains summary financial information extracted from the consolidated financial statements of CCB Financial Corporation and subsidiaries as of September 30, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000714612 <NAME> CCB FINANCIAL CORPORATION <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 256,065 <INT-BEARING-DEPOSITS> 53,073 <FED-FUNDS-SOLD> 222,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,283,103 <INVESTMENTS-CARRYING> 80,334 <INVESTMENTS-MARKET> 85,955 <LOANS> 5,360,547 <ALLOWANCE> 71,543 <TOTAL-ASSETS> 7,407,269 <DEPOSITS> 6,216,989 <SHORT-TERM> 235,759 <LIABILITIES-OTHER> 91,672 <LONG-TERM> 176,220 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 202,994 <OTHER-SE> 483,635 <TOTAL-LIABILITIES-AND-EQUITY> 7,407,269 <INTEREST-LOAN> 351,610 <INTEREST-INVEST> 67,373 <INTEREST-OTHER> 12,899 <INTEREST-TOTAL> 431,882 <INTEREST-DEPOSIT> 175,384 <INTEREST-EXPENSE> 191,806 <INTEREST-INCOME-NET> 240,076 <LOAN-LOSSES> 11,564 <SECURITIES-GAINS> 1,389 <EXPENSE-OTHER> 171,904 <INCOME-PRETAX> 139,441 <INCOME-PRE-EXTRAORDINARY> 89,623 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 89,623 <EPS-PRIMARY> 2.18 <EPS-DILUTED> 2.16 <YIELD-ACTUAL> 4.77 <LOANS-NON> 16,936 <LOANS-PAST> 2,987 <LOANS-TROUBLED> 756 <LOANS-PROBLEM> 6,754 <ALLOWANCE-OPEN> 67,594 <CHARGE-OFFS> 9,496 <RECOVERIES> 1,881 <ALLOWANCE-CLOSE> 71,543 <ALLOWANCE-DOMESTIC> 71,543 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 8,600