<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED FINANCIAL STATEMENTS FOR INDEPENDENT BANKSHARES, INC. FOR THE THREE
MONTHS ENDED MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                      17,794,000
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                            15,565,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 46,315,000
<INVESTMENTS-CARRYING>                     111,282,000<F1>
<INVESTMENTS-MARKET>                       109,927,000<F1>
<LOANS>                                    187,242,000<F2>
<ALLOWANCE>                                  1,866,000
<TOTAL-ASSETS>                             355,657,000
<DEPOSITS>                                 315,257,000
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,603,000
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       583,000
<OTHER-SE>                                  25,214,000
<TOTAL-LIABILITIES-AND-EQUITY>             355,657,000
<INTEREST-LOAN>                              4,346,000
<INTEREST-INVEST>                            1,558,000
<INTEREST-OTHER>                               246,000
<INTEREST-TOTAL>                             6,150,000
<INTEREST-DEPOSIT>                           2,527,000
<INTEREST-EXPENSE>                           2,527,000
<INTEREST-INCOME-NET>                        3,623,000
<LOAN-LOSSES>                                  110,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              3,579,000
<INCOME-PRETAX>                                746,000
<INCOME-PRE-EXTRAORDINARY>                     746,000
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   493,000
<EPS-BASIC>                                       0.22
<EPS-DILUTED>                                     0.22
<YIELD-ACTUAL>                                    4.67
<LOANS-NON>                                     55,000
<LOANS-PAST>                                   207,000
<LOANS-TROUBLED>                               170,000
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,833,000
<CHARGE-OFFS>                                  109,000
<RECOVERIES>                                    32,000
<ALLOWANCE-CLOSE>                            1,866,000
<ALLOWANCE-DOMESTIC>                         1,866,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        313,000
<FN>
<F1> Includes investments held-for-sale
<F2> Net of unearned income on installment loans of 372,000
</FN>



</TABLE>