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                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D. C.  20549

                                  FORM 10-K/A

           [X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
                   For the fiscal year ended  DECEMBER 31, 1997
                                       OR
          [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
         For the transition period from _______________to______________.

                        Commission file number  0-10042

                            ONE VALLEY BANCORP, INC.
               (Exact name of registrant as specified in its charter) 

         WEST VIRGINIA                                  55-0609408
  (State or other jurisdiction                      (I.R.S. Employer
 of incorporation or organization)                 Identification No.)

      ONE VALLEY SQUARE,
      SUMMERS AND LEE STREETS,
      P.O. BOX 1793
      CHARLESTON, WEST VIRGINIA                            25326
      (Address of principal executive offices)          (Zip Code)

   Registrant's telephone number, including area code    (304) 348-7000


         SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

       Title of each class          Name of each exchange on which registered
  COMMON STOCK ($10.00 PAR VALUE)            NEW YORK STOCK EXCHANGE  
                          

         SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
                               Title of class

                                     None

     Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months, and (2) has been subject to such filing 
requirements for the past 90 days.      Yes [ X ]    No [   ]

     Indicate by check mark if disclosure of delinquent filers pursuant to 
Item 405 of Regulation S-K is not contained herein, and will not be contained, 
to the best of registrant's knowledge, in definitive proxy or information 
statements incorporated by reference in Part III of this Form 10-K or any 
amendment to this Form 10-K.  [    ]



     State the aggregate market value of the voting stock held by non-
affiliates of the registrant.  The aggregate market value shall be computed by 
reference to the price at which the stock was sold, or the average bid and 
asked prices of such stock, as of a specified date within 60 days prior to the 
date of filing:

Aggregate of market value of voting stock        Based upon closing price on

            $789,720,711                               March 5, 1998

     Indicate the number of shares outstanding of each of the registrant's 
classes of common stock as of the latest practicable date.

               Class                            Outstanding at March 5, 1998

 Common Stock ($10.00 par value)                         27,212,631



                   DOCUMENTS INCORPORATED BY REFERENCE

     The following lists the documents which are incorporated by reference in 
the Form 10-K Annual Report, and the Parts and Items of the Form 10-K into 
which the documents are incorporated.

                                       Part of the Form 10-K into which the
            Document                          Document is Incorporated

Portions of One Valley Bancorp,        Part I, Item 1; Part II, Items 5,
Inc., 1997 Annual Report to            6, 7 and 8; Part III, Item 13;
Shareholders for the year ended        and Part IV, Item 14
December 31, 1997 


Portions of One Valley Bancorp,        Part III, Items 10, 11, 12 and 13
Inc., Proxy Statement for the 1998
Annual Meeting of Shareholders



                                 SIGNATURES

	Pursuant to the requirements of Section 13 or 15(d) 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.

                                      ONE  VALLEY  BANCORP,  INC.

                                      By:     /s/ J. Holmes Morrison
                                                  J. HOLMES MORRISON, 
                                         President and Chief Executive Officer


March 18, 1998