<ARTICLE>                                            9
<LEGEND>
The schedule contains summary information extracted from the March 31, 1999 Form
10-Q for Bank of America Corporation and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-END>                                   MAR-31-1999
<CASH>                                         25,925
<INT-BEARING-DEPOSITS>                         5,615
<FED-FUNDS-SOLD>                               26,751
<TRADING-ASSETS>                               42,382
<INVESTMENTS-HELD-FOR-SALE>                    76,947
<INVESTMENTS-CARRYING>                         1,522
<INVESTMENTS-MARKET>                           1,466
<LOANS>                                        363,102
<ALLOWANCE>                                    (7,123)
<TOTAL-ASSETS>                                 614,245
<DEPOSITS>                                     343,317
<SHORT-TERM>                                   130,966
<LIABILITIES-OTHER>                            42,232
<LONG-TERM>                                    50,899
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    81
<COMMON>                                       15,828
<OTHER-SE>                                     30,922
<TOTAL-LIABILITIES-AND-EQUITY>                 614,245
<INTEREST-LOAN>                                6,770
<INTEREST-INVEST>                              1,175
<INTEREST-OTHER>                               1,256
<INTEREST-TOTAL>                               9,201
<INTEREST-DEPOSIT>                             2,313
<INTEREST-EXPENSE>                             4,601
<INTEREST-INCOME-NET>                          4,600
<LOAN-LOSSES>                                  510
<SECURITIES-GAINS>                             130
<EXPENSE-OTHER>                                4,453
<INCOME-PRETAX>                                2,990
<INCOME-PRE-EXTRAORDINARY>                     2,990
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   1,914
<EPS-PRIMARY>                                  1.10
<EPS-DILUTED>                                  1.08
<YIELD-ACTUAL>                                 3.58
<LOANS-NON>                                    2,838
<LOANS-PAST>                                   571
<LOANS-TROUBLED>                               0
<LOANS-PROBLEM>                                0
<ALLOWANCE-OPEN>                               7,122
<CHARGE-OFFS>                                  666
<RECOVERIES>                                   147
<ALLOWANCE-CLOSE>                              7,123
<ALLOWANCE-DOMESTIC>                           0<F1>
<ALLOWANCE-FOREIGN>                            0<F1>
<ALLOWANCE-UNALLOCATED>                        0<F1>
<FN>
<F1> Allowance-Domestic, Allowance-Foreign and Allowance-Unallocated are only
disclosed on an annual basis in the Corporation's Form 10-K and are therefore
not included in this Financial Data Schedule.
</FN>