<ARTICLE> 9 <CIK> 0000741516 <NAME> American National Bankshares Inc. <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS 6-MOS YEAR <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 DEC-31-1998 <PERIOD-START> JAN-01-1998 APR-01-1998 JAN-01-1998 <PERIOD-END> MAR-31-1998 JUN-30-1998 JUN-30-1998 <CASH> 13,979 13,043 13,043 <INT-BEARING-DEPOSITS> 20 80 80 <FED-FUNDS-SOLD> 0 0 0 <TRADING-ASSETS> 0 0 0 <INVESTMENTS-HELD-FOR-SALE> 86,311 84,352 84,352 <INVESTMENTS-CARRYING> 61,311 60,715 60,715 <INVESTMENTS-MARKET> 62,227 61,685 61,685 <LOANS> 258,779 260,455 260,455 <ALLOWANCE> 3,465 3,637 3,637 <TOTAL-ASSETS> 432,233 430,555 430,555 <DEPOSITS> 353,903 347,629 347,629 <SHORT-TERM> 0 6,025 6,025 <LIABILITIES-OTHER> 27,278 21,795 21,795 <LONG-TERM> 0 3,000 3,000 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 3,052 3,052 3,052 <OTHER-SE> 48,000 49,054 49,054 <TOTAL-LIABILITIES-AND-EQUITY> 432,233 430,555 430,555 <INTEREST-LOAN> 5,743 5,822 11,565 <INTEREST-INVEST> 2,185 2,259 4,444 <INTEREST-OTHER> 43 12 55 <INTEREST-TOTAL> 7,971 8,093 16,064 <INTEREST-DEPOSIT> 3,263 3,266 6,529 <INTEREST-EXPENSE> 3,532 3,587 7,119 <INTEREST-INCOME-NET> 4,439 4,506 8,945 <LOAN-LOSSES> 252 223 475 <SECURITIES-GAINS> 0 0 0 <EXPENSE-OTHER> 2,673 2,748 5,421 <INCOME-PRETAX> 2,410 2,515 4,925 <INCOME-PRE-EXTRAORDINARY> 2,410 2,515 4,925 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 1,661 1,751 3,412 <EPS-PRIMARY> .54 .58 1.12 <EPS-DILUTED> .54 .58 1.12 <YIELD-ACTUAL> 4.55 4.55 4.55 <LOANS-NON> 107 99 99 <LOANS-PAST> 205 38 38 <LOANS-TROUBLED> 0 0 0 <LOANS-PROBLEM> 0 0 0 <ALLOWANCE-OPEN> 3,277 3,465 3,277 <CHARGE-OFFS> 103 78 181 <RECOVERIES> 39 27 66 <ALLOWANCE-CLOSE> 3,465 3,637 3,637 <ALLOWANCE-DOMESTIC> 2,416 2,511 2,511 <ALLOWANCE-FOREIGN> 0 0 0 <ALLOWANCE-UNALLOCATED> 1,049 1,126 1,126