UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
ONE VALLEY BANCORP, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
682419 10 6
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior
cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
<PAGE>
SCHEDULE 13G
CUSIP NO. 682419 10 6 Page 2 of 5 Pages
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
One Valley Bank, National Association, as executor or trustee
under certain estates and trusts holding stock of the issuer.
One Valley Bank, National Association is a wholly-owned
subsidiary
of the issuer.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
------------------------------------------------------------
(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
West Virginia
(5) SOLE VOTING POWER
3,201,522 shares
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NUMBER OF (6) SHARED VOTING POWER
SHARES 1,354,653 shares
BENEFICIALLY
OWNED BY
EACH ------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON 4,724,984
WITH ------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
16,900
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,711,163.7777
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES [ ]
-----------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
17.10595%
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(12) TYPE OF REPORTING PERSON
BK
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<PAGE>
SIGNATURE:
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
March 7, 2000
By /s/ Teresa Lightner
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Teresa Lightner
Trust Operations Officer
One Valley Bank, National Association
