COMMERCIAL BANKSHARES INC
8-K, 1996-09-03
STATE COMMERCIAL BANKS
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15 (d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) August 26, 1996

Commission File Number 33-67254

                         COMMERCIAL BANKSHARES, INC.                           
            (Exact name of Registrant as specified in its charter)

           FLORIDA                                      65-0050176            
(State or other jurisdiction of                       (IRS  Employer
 incorporation or organization)                       Identification No.)

               1550 S.W. 57th Avenue, Miami, Florida    33144                 
(Address of principal executive offices)            (Zip Code)

                            (305) 267-1200                                     
          (Registrant's Telephone Number, including area code)      

CLASS                                           OUTSTANDING AT AUGUST 29, 1996

COMMON STOCK, $.08 PAR VALUE                    3,193,810 SHARES
<PAGE>

                              REPORT INFORMATION

Item 5.  Other events

Commercial Bankshares, Inc.(the Company), has adopted a stock repurchase plan
whereby up to $3 million can be used to buy shares of Commercial Bankshares,
Inc., common stock in open market and negotiated transactions during the next
twelve months.  This represents approximately 8.2% of the Company's $36.8
million in shareholders' equity as of July 31, 1996.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Commercial Bankshares, Inc.
     (Registrant)

  /s/ Barbara E. Reed  
Senior Vice President &
       Treasurer

Date:   August 29, 1996



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