UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                                
                           WASHINGTON, D.C.  20549
                                
                                
                                
                                  FORM 8-K
                                
                               CURRENT REPORT
                                
                                
                   Pursuant to Section 13 or 15(d) of the
                       Securities Exchange Act of 1934
                                
                                
                                
                                
                                
 DATE OF REPORT (Date of earliest event reported):  February 9, 1998
                                
                     FIRST NBC CREDIT CARD MASTER TRUST
                        (Issuer of the Certificates)
                                
                      FIRST NATIONAL BANK OF COMMERCE
            (Exact name of registrant as specified in its charter)
                                
                                
  UNITED STATES                 333-24023                 72-0269760
 (State or other        (Commission File Number)        (IRS Employer
 jurisdiction of                                       Identification
  incorporation)                                              Number)



                210 BARONNE ST., NEW ORLEANS, LOUISIANA  70112
              (Address of principal executive offices - Zip Code)
                                
                                
                                
 Registrant's telephone number, including area code:  (504) 623-1371
                                
                                
                                   N/A
         (Former name or former address, if changed since last report)



 Item 7.     Financial Statements and Exhibits.
             ----------------------------------

      (c) Exhibits
 
  Exhibit
    No.               Document Description
 --------      -------------------------------------------------

   20.1        Monthly  Servicer's  Certificate,  Series  1997-1
               
   20.2        Monthly  Holders'  Statement, Series  1997-1
                                                                          
 
                        SIGNATURE




Pursuant  to the requirements of the Securities  Exchange
Act  of  1934, the Registrant has duly caused this report
to  be  signed on its behalf by the undersigned  hereunto
duly authorized.


                    FIRST NATIONAL BANK OF COMMERCE
                    -------------------------------
                         (Registrant)


                          By:    /s/ Thomas L. Callicutt,Jr.
                             --------------------------------
                              Thomas L. Callicutt, Jr.
                              First Commerce Corporation
                              Executive Vice President, Controller  and
                              Principal Accounting Officer
                                                         
                            


Dated: February 13, 1998



                             INDEX TO EXHIBITS
 
 
   Exhibit                                                        Sequential
     No.            Document Description                           Page No.
   -------   ------------------------------------------------     ----------

    20.1     Monthly  Servicer's  Certificate,  Series  1997-1         5
            
                                                    
    20.2     Monthly  Holders'  Statement, Series  1997-1             10