FIRST ALABAMA BANCSHARES INC
10-C, 1994-05-03
NATIONAL COMMERCIAL BANKS
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               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549


                            FORM 10-C

         Report by Issuer of Securities Quoted on NASDAQ
         Inter-Dealer Quotation System Filed Pursuant to
         Section 13 or 15(d) of the Securities Exchange Act
         of 1934 and Rules 13a-17 and 15d-17 Thereunder


                  REGIONS FINANCIAL CORPORATION
              formerly  FIRST ALABAMA BANCSHARES, INC.           
          (Exact Name of Issuer as Specified in Charter)


         417 North 20th Street, Birmingham, Alabama  35203
              (Address of principal executive offices)


                            (205) 832-8450 
           (Issuer's Telephone Number, Including Area Code)  


             I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

     Indicate any change (increase or dedrease) of five percent or more in the
number of shares outstanding:

     1.  Title of security:  n/a

     2.  Number of shares outstanding before the change:  n/a

     3.  Number of shares outstanding after the change:   n/a

     4.  Effective date of change: n/a

     5.  Method of change:  n/a

     Specify method (such as merger, acquisition, exchange, distribution, stock 
split, reverse split, acquisition of stock for treasury, etc.): n/a

     Give brief description of transaction:  n/a

              II.  CHANGE IN NAME OF ISSUER

     1.  Name prior to change: First Alabama Bancshares, Inc.

     2.  Name after change: Regions Financial Corporation

     3.  Effective date of charter amendment changing name: May 2, 1994.

     4.  Date of shareholder approval of change, if required: April 27, 1994.


DATE: May 3, 1994                      /s/ Robert P. Houston
                               Executive Vice President and Comptroller



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