<ARTICLE> 9 <CIK> 0000742279 <NAME> COMMUNITY BANKSHARES INC <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 3,435,150 <INT-BEARING-DEPOSITS> 22,178,622 <FED-FUNDS-SOLD> 4,182,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,658,346 <INVESTMENTS-CARRYING> 11,959,010 <INVESTMENTS-MARKET> 11,804,784 <LOANS> 66,157,949 <ALLOWANCE> 745,239 <TOTAL-ASSETS> 89,942,739 <DEPOSITS> 78,641,314 <SHORT-TERM> 0 <LIABILITIES-OTHER> 312,556 <LONG-TERM> 330,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,480,000 <OTHER-SE> 7,117,482 <TOTAL-LIABILITIES-AND-EQUITY> 89,942,739 <INTEREST-LOAN> 1,653,871 <INTEREST-INVEST> 240,398 <INTEREST-OTHER> 51,451 <INTEREST-TOTAL> 1,945,720 <INTEREST-DEPOSIT> 764,908 <INTEREST-EXPENSE> 764,908 <INTEREST-INCOME-NET> 1,180,812 <LOAN-LOSSES> 35,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 649,231 <INCOME-PRETAX> 692,116 <INCOME-PRE-EXTRAORDINARY> 692,116 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 439,946 <EPS-PRIMARY> .35 <EPS-DILUTED> .35 <YIELD-ACTUAL> 5.70 <LOANS-NON> 246,000 <LOANS-PAST> 571,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 762,478 <CHARGE-OFFS> 132,372 <RECOVERIES> 80,133 <ALLOWANCE-CLOSE> 745,239 <ALLOWANCE-DOMESTIC> 745,239 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0