<TABLE> <S> <C>

<PAGE>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR INDEPENDENT BANKSHARES,
INC. FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                       9,987,000
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                            12,100,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 33,590,000
<INVESTMENTS-CARRYING>                      49,087,000
<INVESTMENTS-MARKET>                        82,306,000
<LOANS>                                     90,115,000<F1>
<ALLOWANCE>                                    806,000
<TOTAL-ASSETS>                             203,801,000
<DEPOSITS>                                 187,474,000
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,167,000
<LONG-TERM>                                    578,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    135,000
<COMMON>                                       276,000
<OTHER-SE>                                  14,171,000
<TOTAL-LIABILITIES-AND-EQUITY>             203,801,000
<INTEREST-LOAN>                              5,894,000
<INTEREST-INVEST>                            3,341,000
<INTEREST-OTHER>                               774,000
<INTEREST-TOTAL>                            10,009,000
<INTEREST-DEPOSIT>                           4,671,000
<INTEREST-EXPENSE>                           4,722,000
<INTEREST-INCOME-NET>                        5,287,000
<LOAN-LOSSES>                                  161,000
<SECURITIES-GAINS>                            (10,000)
<EXPENSE-OTHER>                              4,686,000
<INCOME-PRETAX>                              1,584,000
<INCOME-PRE-EXTRAORDINARY>                   1,584,000
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,046,000
<EPS-PRIMARY>                                      .92
<EPS-DILUTED>                                      .77
<YIELD-ACTUAL>                                    3.97
<LOANS-NON>                                     88,000
<LOANS-PAST>                                   194,000
<LOANS-TROUBLED>                               218,000
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               759,000
<CHARGE-OFFS>                                  308,000
<RECOVERIES>                                    45,000
<ALLOWANCE-CLOSE>                              806,000
<ALLOWANCE-DOMESTIC>                           806,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        211,000
<FN>
<F1> NET OF UNEARNED INCOME ON INSTALLMENT LOANS OF 2,511,000.
</FN>
        

</TABLE>