<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED FINANCIAL STATEMENT FOR INDEPENDENT BANKSHARES, INC. FOR
THE THREE-MONTH PERIOD ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                      17,320,000
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                            22,975,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 49,928,000
<INVESTMENTS-CARRYING>                     111,547,000<F1>
<INVESTMENTS-MARKET>                       110,746,000<F1>
<LOANS>                                    182,635,000<F2>
<ALLOWANCE>                                  1,837,000
<TOTAL-ASSETS>                             358,995,000
<DEPOSITS>                                 319,934,000
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,495,000
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     45,000
<COMMON>                                       558,000
<OTHER-SE>                                  23,963,000
<TOTAL-LIABILITIES-AND-EQUITY>             358,995,000
<INTEREST-LOAN>                              8,437,000
<INTEREST-INVEST>                            2,906,000
<INTEREST-OTHER>                               699,000
<INTEREST-TOTAL>                            12,042,000
<INTEREST-DEPOSIT>                           4,977,000
<INTEREST-EXPENSE>                           4,977,000
<INTEREST-INCOME-NET>                        7,065,000
<LOAN-LOSSES>                                  170,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              6,682,000
<INCOME-PRETAX>                              1,889,000
<INCOME-PRE-EXTRAORDINARY>                   1,257,000
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,257,000
<EPS-BASIC>                                       0.57
<EPS-DILUTED>                                     0.55
<YIELD-ACTUAL>                                    4.51
<LOANS-NON>                                    216,000
<LOANS-PAST>                                    45,000
<LOANS-TROUBLED>                               158,000
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,842,000
<CHARGE-OFFS>                                  309,000
<RECOVERIES>                                   134,000
<ALLOWANCE-CLOSE>                            1,837,000
<ALLOWANCE-DOMESTIC>                         1,837,000<F3>
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        688,000

<FN>
<F1>  Includes investments held for sale
<F2>  Net of unearned income on installment loans of 967,000
<F3>  Includes unallocated portion of allowance
</FN>


</TABLE>