THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Wednesday, October 12, 1994 TAG: 9410110364
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 21 lines
Due in part to rising interest rates, First Virginia Banks Inc.'s third quarter income slipped 3.3 percent. The Falls Church-based bank holding company said Tuesday that it made $27.6 million, or 85 cents per share in the quarter ended Sept. 30, down from $28.5 million, or 88 cents per share, in the prior year's third quarter. First Virginia operates 20 banks with branches in three states including First Virginia Bank of Tidewater, which has 32 branches in South Hampton Roads. First Virginia had $7.2 billion in assets and $5.2 billion of deposits as of Sept. 30. by CNB