COLONIAL BANCGROUP INC
8-K, 1998-04-15
STATE COMMERCIAL BANKS
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                      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):          April 15, 1998
                                      
                                      
                         THE COLONIAL BANCGROUP, INC.
            (Exact name of registrant as specified in its charter)
                                      
           Delaware                 1-13508             63-0661573
 (State of Incorporation)    (Commission File No.)   (IRS Employer I.D. No.)


     One Commerce Street, Montgomery, Alabama                   36104
     (Address of Principal Executive Office)                  (Zip Code)
 

      Registrant's telephone number, including area code:  334-240-5000




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Item 5.  OTHER EVENTS

                 Publication of Combined Financial Results


The Colonial BancGroup, Inc. ("BancGroup") acquired by merger, United American
Holding Corporation ("UAH"), First Central Bank ("FCB") and South Florida
Banking Corp. ("SFB") on February 2, February 11 and February 12, 1998,
respectively.  These combinations were accounted for by the pooling-of-interests
method.  The following financial results include UAH, FCB and SFB for the three
months ended March 31, 1998:

(Dollars in thousands)

Net Interest Income             $   73,432

Net Income                      $   17,950
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                                  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 hereunto duly authorized.

                                        THE COLONIAL BANCGROUP, INC.
                                        ----------------------------
                                                (Registrant)

Date:   April 15, 1998                   /s/ W. Flake Oakley
                                        ----------------------------
                                              W. Flake Oakley
                                              Chief Financial Officer


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