<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated financial statements of CCB Financial Corporation and
Subsidiaries as of December 31, 1996 and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         201,521
<INT-BEARING-DEPOSITS>                          62,712
<FED-FUNDS-SOLD>                               185,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    897,102
<INVESTMENTS-CARRYING>                          82,238
<INVESTMENTS-MARKET>                            86,479
<LOANS>                                      3,771,423
<ALLOWANCE>                                     49,023
<TOTAL-ASSETS>                               5,384,110
<DEPOSITS>                                   4,589,534
<SHORT-TERM>                                   159,251
<LIABILITIES-OTHER>                             99,246
<LONG-TERM>                                     57,848
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        75,411
<OTHER-SE>                                     402,820
<TOTAL-LIABILITIES-AND-EQUITY>               5,384,110
<INTEREST-LOAN>                                321,696
<INTEREST-INVEST>                               60,992
<INTEREST-OTHER>                                15,076
<INTEREST-TOTAL>                               397,764
<INTEREST-DEPOSIT>                             170,998
<INTEREST-EXPENSE>                             181,348
<INTEREST-INCOME-NET>                          216,416
<LOAN-LOSSES>                                   12,800
<SECURITIES-GAINS>                                 505
<EXPENSE-OTHER>                                161,438
<INCOME-PRETAX>                                104,767
<INCOME-PRE-EXTRAORDINARY>                     104,767
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    70,315
<EPS-PRIMARY>                                     4.67
<EPS-DILUTED>                                     4.67
<YIELD-ACTUAL>                                    4.70
<LOANS-NON>                                     11,271
<LOANS-PAST>                                     3,066
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                  7,708
<ALLOWANCE-OPEN>                                43,578
<CHARGE-OFFS>                                    9,612
<RECOVERIES>                                     2,257
<ALLOWANCE-CLOSE>                               49,023
<ALLOWANCE-DOMESTIC>                            49,023
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          7,211