1: SOVRAN FINANCIAL CORP. 1 Commercial Place Norfolk, Va. 23510

ASSETS: $8.29 billion PROFITS: $80.2 million EARNINGS PER SHARE: $4.65 DIVIDEND: $1.59 STOCKHOLDERS' EQUITY: $506.3 million RETURN ON EQUITY: 17.3 percent EXCHANGE: OTC EMPLOYES: 7,430 TOP EXECUTIVES: C. A. Cutchins III, chairman; C. Coleman McGhee, president FOUNDED: 1865

DESCRIPTION: Sovran, the largest bank company in Virginia, is the offspring of the 1983 combination of Virginia National Bankshares Inc. and First & Merchants Corp. The bank has 267 offices throughout Virginia. The parent company has affiliates that engage in mortgage banking, second mortgages, leasing, consumer finance, credit insurance and futures. These affiliates operate through 104 offices in Virginia and nine other states.

DEVELOPMENTS: Sovran devoted a large portion of management time last year to consolidating the operations of the two merged banks, and thus managed to trim costs by $6 million. The most significant savings were realized from the sale of an operations center in Norfolk and the consolidation of two others in Richmond and Wise County. The bank also consolidated five mortgage company offices and 17 bank branches.

Sovran continued a strong profit trend, as net income rose 22.5 percent for the year ended Dec. 31. The company also added new capital, which represented 6.8 percent of its assets at the end of 1984. More recently, it sold $75 million in subordinated notes on Jan. 31.

Sovran's earnings were up 16.5 percent for the first quarter of 1985, based on net income of $21.2 million ($1.19 a share), over $18.2 million ($1.08) in the comparable 1984 period. 2: MARYLAND NATIONAL CORP. 10 Light St. Baltimore, Md. 21202

ASSETS: $7.29 billion PROFITS: $49 million EARNINGS PER SHARE: $5.69 DIVIDEND: $1.48 STOCKHOLDERS' EQUITY: $364.2 million RETURN ON EQUITY: 14.29 percent EXCHANGE: OTC EMPLOYES: 5,016 TOP EXECUTIVE: Alan P. Hoblitzell Jr., chairman and chief executive officer FOUNDED: 1933

DESCRIPTION: Maryland National Corp. is the largest bank holding company in Maryland. Its principal asset is Maryland National Bank, which operates 210 offices throughout the state, as well as loan production offices in the District, Northern Virginia, Illinois, Colorado and Ohio. The bank maintains an overseas branch in the Bahamas, and representative offices in London, Mexico City, Singapore and Sao Paulo, Brazil. The corporation also owns Maryland Bank NA in Newark, Del., which was established in 1982 to operate a nationwide consumer lending program, principally credit card loans. Nonbank subsidiaries are engaged in commercial collateralized lending, equipment leasing, mortgage banking, real estate financing, consumer lending, credit-related insurance and investment counseling.

DEVELOPMENTS: Maryland National Corp. received preliminary regulatory approval last year to operate nonbank banks, or limited-purpose banks, in the District and Northern Virginia. No attempt will be made to open the offices, however, until regulations governing them are clarified. Maryland National completed its purchase of Bank of Maryland last year, adding 13 branch offices and about $130 million in assets.

In a more recent development, the corporation sold 1.75 million shares of common stock, raising between $35 million and $40 million in new capital. Earlier this year, Maryland National's board of directors voted a 2-for-1 stock split and later announced its intention to increase the regular quarterly cash dividend from 20 cents a share to 25 cents a share at a meeting to be held this month. 3:UNITED VIRGINIA BANKSHARES INC. 919 E. Main St. P.O. Box 26665 Richmond, Va. 23261

ASSETS: $5.94 billion PROFITS: $57.3 million EARNINGS PER SHARE: $4.52 DIVIDEND: $1.44 STOCKHOLDERS' EQUITY: $372.6 million RETURN ON EQUITY: 16.5 percent EXCHANGE: OTC EMPLOYES: 5,162 TOP EXECUTIVE: Joseph A. Jennings, chairman and chief executive officer FOUNDED: 1926

DESCRIPTION: United Virginia Bankshares is the second-largest bank holding company in Virginia. It has 192 branches, 41 of them in Northern Virginia, and two subsidiaries: United Virginia Mortgage Corp. and Capitoline Investment Services Inc.

DEVELOPMENTS: Profits increased by 11 percent in the fiscal year ended Dec. 31, as the company emphasized fee income and cost containment. Nonperforming assets decreased to $28.7 million from $34.5 million in 1983. Average loans were up 19 percent and the provision for loan losses was increased by 31 percent to $17 million.

UVB surprised the banking community this March by announcing plans to buy a controlling interest in NS&T Bankshares of the District for $119 million. The purchase would be the first major interstate banking acquisition under regional reciprocal banking laws. The offer was for twice the book value of the stock.

UVB is reorganizing its senior management in preparation for the retirement in September of its current chairman, Joseph A. Jennings, after 42 years of service. The company's president, Douglas H. Ludeman, is expected to succeed him.

This summer UVB plans to begin offering automobile, homeowners and life insurance. 4: RIGGS NATIONAL CORP. 1503 Pennsylvania Ave. NW Washington, D.C. 20005

ASSETS: $5.12 billion PROFITS: $26.9 million EARNINGS PER SHARE: $4.49 DIVIDEND: $1.80 STOCKHOLDERS' EQUITY: $229.3 million RETURN ON EQUITY: 12.2 percent EXCHANGE: OTC EMPLOYES: 1,899 TOP EXECUTIVE: Joe L. Allbritton, chairman and chief executive officer FOUNDED: 1836 DESCRIPTION: Riggs National Corp. is the parent of Riggs National Bank, the District of Columbia's largest bank. Riggs Bank is the corporation's only subsidiary. The bank has branches in the Bahamas and London and operates an international banking facility in Miami.

DEVELOPMENTS: Riggs, after experiencing tough times in 1981 and 1982, has turned in a steadily improving performance during the last two years. Profits were up 15.1 percent in the fiscal year ended Dec. 31, the same rate of growth as in 1983.

Riggs, like other major metropolitan-area banks, is preparing itself for regional banking. If such a move occurs, banks in a region that encompasses the District and 13 surrounding states -- including Maryland and Virginia -- either could buy other banks in the region or be purchased by them. Allbritton, who controls about 40 percent of Riggs stock, told shareholders in April that the bank is eyeing purchases in Maryland. The Supreme Court is expected to rule this year on whether states can band together in regional interstate compacts without violating the Constitution.

Riggs continues to be the dominant bank in the Washington retail market, holding about 40 percent of the city's money market accounts. 5: FIRST AMERICAN BANKSHARES INC. 15th & H streets NW Washington, D.C. 20005

ASSETS: $4.8 billion PROFITS: $28.7 million EARNINGS PER SHARE: NA DIVIDEND: None STOCKHOLDERS' EQUITY: $320.4 million RETURN ON EQUITY: 10.1 percent EXCHANGE: NA EMPLOYES: 4,121 TOP EXECUTIVES: Clark M. Clifford, chairman; Robert G. Stevens, president and chief executive officer FOUNDED: 1925

DESCRIPTION: First American Bankshares Inc. is a privately held multistate bank company and a wholly owned subsidiary of First American Corp., a company controlled by Middle Eastern investors since 1982. First American Bankshares operates six banks with 210 offices in the District, Maryland, Virginia, Tennessee and New York. As the parent of the First American banks in metropolitan Washington, it is the District's second-largest bank holding company and the fifth-largest in the three-state region.

DEVELOPMENTS: First American Bankshares Inc. has grown from $2.66 billion in assets to more than $4 billion in the past two years. Assets last year increased 26 percent and net income, before an extraordinary item, rose more than 20 percent. The company's New York subsidiary, First American Bank of New York, added substantially to its assets with the purchase of Bankers Trust Co. of Albany, N.A.; the deal gave First American 33 additional branch offices in upstate New York. In Manhattan, First American Bankshares acquired two bank branches and opened an international office.

In other developments, the company's Virginia unit completed the consolidation of 26 new branches into its statewide network. First American Bank of Virginia purchased the branches from Sovran Financial Corp. in December 1983. Sovran, which was formed by a merger of Virginia National Bankshares Inc. and First & Merchants Corp. in 1983, sold the branches as part of a divestiture program that followed the merger.