ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Thursday, October 10, 1996             TAG: 9610100080
SECTION: BUSINESS                 PAGE: B-7  EDITION: METRO 


REPORTED EARNINGS

First Virginia Banks Inc.

3rd qtr. ended 9-30 1996 1995

Net Interest Income $95.1 million $90.1 million

Net Income $28.6 million $29.3 million

Share earnings 87 cents 86 cents

9 mos. ended 9-30

Net Interest Income $279.6 million $268.5 million

Net Income $85.5 million $84.0 million

Share earnings $2.56 $2.47

Chairman Barry J. Fitzpatrick said loan demand continues strong, especially in auto financing. He said the bank was helped by stable interest rates and a slight decline in the cost of funds. First Virginia is based in Falls Church.


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