<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED FINANCIAL STATEMENTS FOR INDEPENDENT BANKSHARES, INC. FOR THE THREE
MONTHS ENDED MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> MAR-31-2000
<CASH> 17,794,000
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 15,565,000
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 46,315,000
<INVESTMENTS-CARRYING> 111,282,000<F1>
<INVESTMENTS-MARKET> 109,927,000<F1>
<LOANS> 187,242,000<F2>
<ALLOWANCE> 1,866,000
<TOTAL-ASSETS> 355,657,000
<DEPOSITS> 315,257,000
<SHORT-TERM> 0
<LIABILITIES-OTHER> 1,603,000
<LONG-TERM> 0
0
0
<COMMON> 583,000
<OTHER-SE> 25,214,000
<TOTAL-LIABILITIES-AND-EQUITY> 355,657,000
<INTEREST-LOAN> 4,346,000
<INTEREST-INVEST> 1,558,000
<INTEREST-OTHER> 246,000
<INTEREST-TOTAL> 6,150,000
<INTEREST-DEPOSIT> 2,527,000
<INTEREST-EXPENSE> 2,527,000
<INTEREST-INCOME-NET> 3,623,000
<LOAN-LOSSES> 110,000
<SECURITIES-GAINS> 0
<EXPENSE-OTHER> 3,579,000
<INCOME-PRETAX> 746,000
<INCOME-PRE-EXTRAORDINARY> 746,000
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 493,000
<EPS-BASIC> 0.22
<EPS-DILUTED> 0.22
<YIELD-ACTUAL> 4.67
<LOANS-NON> 55,000
<LOANS-PAST> 207,000
<LOANS-TROUBLED> 170,000
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 1,833,000
<CHARGE-OFFS> 109,000
<RECOVERIES> 32,000
<ALLOWANCE-CLOSE> 1,866,000
<ALLOWANCE-DOMESTIC> 1,866,000
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 313,000
<FN>
<F1> Includes investments held-for-sale
<F2> Net of unearned income on installment loans of 372,000
</FN>
</TABLE>