<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and statements of income of One Valley Bancorp as
well as supplemental schedules of the analysis of loan losses and non-performing
assets and the consoldiated average balance sheets and is qualified in its
entirety by reference to such financial statements and supplemental schedules.
</LEGEND>
<CIK> 0000351616
<NAME> ONE VALLEY BANCORP, INC.
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                          151116
<INT-BEARING-DEPOSITS>                           12542
<FED-FUNDS-SOLD>                                  2800
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     972313
<INVESTMENTS-CARRYING>                          205195
<INVESTMENTS-MARKET>                            204207
<LOANS>                                        2794102
<ALLOWANCE>                                      41709
<TOTAL-ASSETS>                                 4269926
<DEPOSITS>                                     3367490
<SHORT-TERM>                                    438276
<LIABILITIES-OTHER>                              47783
<LONG-TERM>                                      15892
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        248728
<OTHER-SE>                                      151757
<TOTAL-LIABILITIES-AND-EQUITY>                 4269926
<INTEREST-LOAN>                                 176334
<INTEREST-INVEST>                                54475
<INTEREST-OTHER>                                   388
<INTEREST-TOTAL>                                231197
<INTEREST-DEPOSIT>                               88292
<INTEREST-EXPENSE>                              102689
<INTEREST-INCOME-NET>                           128508
<LOAN-LOSSES>                                     3836
<SECURITIES-GAINS>                               (413)
<EXPENSE-OTHER>                                  96738
<INCOME-PRETAX>                                  58088
<INCOME-PRE-EXTRAORDINARY>                       58088
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     38708
<EPS-PRIMARY>                                     1.78
<EPS-DILUTED>                                     1.78
<YIELD-ACTUAL>                                    4.74
<LOANS-NON>                                       9272
<LOANS-PAST>                                      5823
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 39534
<CHARGE-OFFS>                                     5073
<RECOVERIES>                                      1185
<ALLOWANCE-CLOSE>                                41709
<ALLOWANCE-DOMESTIC>                             41709
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>