<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FIRST COMMUNITY BANCSHARES, INC. CONSOLIDATED BALANCE SHEET FOR THE QUARTER ENDING MARCH 31, 1996 AND THE CONSOLIDATED STATEMENT OF EARNING FOR THE THREE MONTHS THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 637,288 <INT-BEARING-DEPOSITS> 56,605,765 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 56,646,194 <ALLOWANCE> 527,352 <TOTAL-ASSETS> 72,843,260 <DEPOSITS> 61,327,900 <SHORT-TERM> 0 <LIABILITIES-OTHER> 65,359 <LONG-TERM> 4,603,315 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,181,486 <OTHER-SE> 456,433 <TOTAL-LIABILITIES-AND-EQUITY> 72,843,260 <INTEREST-LOAN> 1,286,246 <INTEREST-INVEST> 101,645 <INTEREST-OTHER> 69,112 <INTEREST-TOTAL> 1,457,003 <INTEREST-DEPOSIT> 724,226 <INTEREST-EXPENSE> 801,549 <INTEREST-INCOME-NET> 655,454 <LOAN-LOSSES> 52,500 <SECURITIES-GAINS> 2,880 <EXPENSE-OTHER> 544,321 <INCOME-PRETAX> 118,400 <INCOME-PRE-EXTRAORDINARY> 118,400 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 84,549 <EPS-PRIMARY> .09 <EPS-DILUTED> .09 <YIELD-ACTUAL> 8.44 <LOANS-NON> 283,000 <LOANS-PAST> 26,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 257,995 <ALLOWANCE-OPEN> 518,000 <CHARGE-OFFS> 45,000 <RECOVERIES> 1,000 <ALLOWANCE-CLOSE> 527,352 <ALLOWANCE-DOMESTIC> 527,352 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0