EXHIBIT 21


            SUBSIDIARIES <FN1> OF FIRST COMMERCE CORPORATION            


            -     First National Bank of Commerce                  

                  -     First Commerce Investment Services, Inc. 

                  -     Baronne Street Properties, Inc.            

            -     City National Bank of Baton Rouge            

            -     Rapides Bank & Trust Company in Alexandria        

            -     The First National Bank of Lafayette            

            -     The First National Bank of Lake Charles          

            -     First Commerce Service Corporation                   
                     (formerly MSDI Company)            

            -     New Orleans Bancshares, Inc.            

            -     First Commerce Community Development Corporation

_____________________

         <FN1> Incorporated or organized in Louisiana.