<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS FOR THE FISCAL QUARTER ENDED MARCH 31, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000877987 <NAME> FIRST COMMUNITY BANCSHARES, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 959,404 <INT-BEARING-DEPOSITS> 7,023,299 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,963,721 <INVESTMENTS-CARRYING> 2,482,552 <INVESTMENTS-MARKET> 2,484,552 <LOANS> 68,516,133 <ALLOWANCE> 655,150 <TOTAL-ASSETS> 83,745,655 <DEPOSITS> 73,984,221 <SHORT-TERM> 2,378,830 <LIABILITIES-OTHER> 232,555 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,181,486 <OTHER-SE> 762,901 <TOTAL-LIABILITIES-AND-EQUITY> 83,745,655 <INTEREST-LOAN> 1,531,909 <INTEREST-INVEST> 132,766 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,664,675 <INTEREST-DEPOSIT> 814,494 <INTEREST-EXPENSE> 849,597 <INTEREST-INCOME-NET> 815,078 <LOAN-LOSSES> 54,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 593,632 <INCOME-PRETAX> 241,071 <INCOME-PRE-EXTRAORDINARY> 241,071 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 163,241 <EPS-PRIMARY> 0.17 <EPS-DILUTED> 0.17 <YIELD-ACTUAL> 4.17 <LOANS-NON> 186,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 528,022 <ALLOWANCE-OPEN> 644,000 <CHARGE-OFFS> 47,000 <RECOVERIES> 4,000 <ALLOWANCE-CLOSE> 655,150 <ALLOWANCE-DOMESTIC> 655,150 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0