<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements for Independent Bankshares, Inc. as of and for
the three-month and nine-month periods ended September 30, 1995 and is 
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1995
<PERIOD-START>                             JUL-01-1995             JAN-01-1995
<PERIOD-END>                               SEP-30-1995             SEP-30-1995
<CASH>                                      10,895,000              10,895,000
<INT-BEARING-DEPOSITS>                               0                       0
<FED-FUNDS-SOLD>                            13,750,000              13,750,000
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                 21,403,000              21,403,000
<INVESTMENTS-CARRYING>                      58,974,000<F1>          58,974,000<F1>
<INVESTMENTS-MARKET>                        59,033,000<F1>          59,033,000<F1>
<LOANS>                                     82,559,000<F2>          82,559,000<F2>
<ALLOWANCE>                                    765,000                 765,000
<TOTAL-ASSETS>                             174,065,000             174,065,000
<DEPOSITS>                                 158,414,000             158,414,000
<SHORT-TERM>                                   741,000                 741,000
<LIABILITIES-OTHER>                          1,089,000               1,089,000
<LONG-TERM>                                    333,000                 333,000
<COMMON>                                       260,000                 260,000
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                    166,000                 166,000
<OTHER-SE>                                  13,062,000              13,062,000
<TOTAL-LIABILITIES-AND-EQUITY>             174,065,000             174,065,000
<INTEREST-LOAN>                              1,963,000               5,795,000
<INTEREST-INVEST>                              674,000               1,517,000
<INTEREST-OTHER>                               412,000               1,519,000
<INTEREST-TOTAL>                             3,049,000               8,831,000
<INTEREST-DEPOSIT>                           1,372,000               3,775,000
<INTEREST-EXPENSE>                           1,401,000               3,860,000
<INTEREST-INCOME-NET>                        1,684,000               4,971,000
<LOAN-LOSSES>                                   69,000                 141,000
<SECURITIES-GAINS>                                   0                       0
<EXPENSE-OTHER>                              1,471,000               4,729,000
<INCOME-PRETAX>                                479,000               1,257,000
<INCOME-PRE-EXTRAORDINARY>                     479,000               1,257,000
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   317,000                 831,000
<EPS-PRIMARY>                                      .29                     .75
<EPS-DILUTED>                                      .23                     .62
<YIELD-ACTUAL>                                    4.21                    4.33
<LOANS-NON>                                    178,000                 178,000
<LOANS-PAST>                                    22,000                  22,000
<LOANS-TROUBLED>                                69,000                  69,000
<LOANS-PROBLEM>                                      0                       0
<ALLOWANCE-OPEN>                               803,000                 817,000
<CHARGE-OFFS>                                  124,000                 275,000
<RECOVERIES>                                    17,000                  82,000
<ALLOWANCE-CLOSE>                              765,000                 765,000
<ALLOWANCE-DOMESTIC>                           524,000                 524,000
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                        241,000                 241,000
<FN>
<F1>Includes investments held for sale
<F2>Net of unearned income on installment loans of 3,823,000
</FN>
        

</TABLE>