-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ODOohQmdApTvFkeqpKANPFKu7zrS5Q5S08Z+9AWyRffps7skusWkG9Uj1a64iGIY
 lHOiGDMu7JZPymASobFHHA==

<SEC-DOCUMENT>0001144204-05-015280.txt : 20050513
<SEC-HEADER>0001144204-05-015280.hdr.sgml : 20050513
<ACCEPTANCE-DATETIME>20050513162602
ACCESSION NUMBER:		0001144204-05-015280
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050512
FILED AS OF DATE:		20050513
DATE AS OF CHANGE:		20050513

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GIBBS LINLEY H JR
		CENTRAL INDEX KEY:			0001231216

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22219
		FILM NUMBER:		05829701

	MAIL ADDRESS:	
		STREET 1:		1131 CAROLINA AVE
		CITY:			WASHINGTON
		STATE:			NC
		ZIP:			27889

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST SOUTH BANCORP INC /VA/
		CENTRAL INDEX KEY:			0001027183
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				561999749
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1311 CAROLINA AVE
		CITY:			WASHINGTON
		STATE:			NC
		ZIP:			27889
		BUSINESS PHONE:		2529464178

	MAIL ADDRESS:	
		STREET 1:		1311 CAROLINA AVENUE
		CITY:			WASHINGTON
		STATE:			NC
		ZIP:			27889

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEWSOUTH BANCORP INC
		DATE OF NAME CHANGE:	19961115
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v018244_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-05-12</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001027183</issuerCik>
        <issuerName>FIRST SOUTH BANCORP INC /VA/</issuerName>
        <issuerTradingSymbol>FSBK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001231216</rptOwnerCik>
            <rptOwnerName>GIBBS LINLEY H JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>222 MAGNOLIA DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>27889</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-05-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1400</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>31.55</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>46812</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>22148</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By IRA</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>34500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Family Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Bona fide gifts to children and grandchildren. Market value of $31.55 based on average of high and low market prices on date
 of gift.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Linley H. Gibbs, Jr.</signatureName>
        <signatureDate>2005-05-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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