<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS LEGEND CONTAINS SUMMARY INFORMATION  EXTRACTED FROM THE FORM 10-QSB FOR THE
SIX MONTHS ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>          0001061234
<NAME> MIDLAND CAPITAL HOLDINGS CORPORATION
<MULTIPLIER> 1
       
<S>                                           <C>
<PERIOD-TYPE>                       6-MOS
<FISCAL-YEAR-END>                                    JUN-30-1999
<PERIOD-START>                                       JUL-01-1998
<PERIOD-END>                                         DEC-31-1998
<CASH>                                                     3,173,122
<INT-BEARING-DEPOSITS>                                    28,888,367
<FED-FUNDS-SOLD>                                                   0
<TRADING-ASSETS>                                                   0
<INVESTMENTS-HELD-FOR-SALE>                                1,238,750
<INVESTMENTS-CARRYING>                                    38,856,564
<INVESTMENTS-MARKET>                                      39,268,212
<LOANS>                                                   47,329,506
<ALLOWANCE>                                                  394,804
<TOTAL-ASSETS>                                           124,006,937
<DEPOSITS>                                               113,899,680
<SHORT-TERM>                                                       0
<LIABILITIES-OTHER>                                        1,117,175
<LONG-TERM>                                                        0
<COMMON>                                                       3,640
<PREFERRED-MANDATORY>                                              0
<PREFERRED>                                                        0
<OTHER-SE>                                                 8,986,442
<TOTAL-LIABILITIES-AND-EQUITY>                           124,006,937
<INTEREST-LOAN>                                            1,634,773
<INTEREST-INVEST>                                          2,043,754
<INTEREST-OTHER>                                                   0
<INTEREST-TOTAL>                                           3,678,527
<INTEREST-DEPOSIT>                                         2,124,389
<INTEREST-EXPENSE>                                         2,124,389
<INTEREST-INCOME-NET>                                      1,554,138
<LOAN-LOSSES>                                                      0
<SECURITIES-GAINS>                                                 0
<EXPENSE-OTHER>                                            1,829,677
<INCOME-PRETAX>                                              346,069
<INCOME-PRE-EXTRAORDINARY>                                   346,069
<EXTRAORDINARY>                                                    0
<CHANGES>                                                          0
<NET-INCOME>                                                 227,884
<EPS-PRIMARY>                                                   0.63
<EPS-DILUTED>                                                   0.62
<YIELD-ACTUAL>                                                  2.73
<LOANS-NON>                                                  261,184
<LOANS-PAST>                                                       0
<LOANS-TROUBLED>                                                   0
<LOANS-PROBLEM>                                                    0
<ALLOWANCE-OPEN>                                             394,354
<CHARGE-OFFS>                                                      0
<RECOVERIES>                                                     920
<ALLOWANCE-CLOSE>                                            394,804
<ALLOWANCE-DOMESTIC>                                         226,679
<ALLOWANCE-FOREIGN>                                                0
<ALLOWANCE-UNALLOCATED>                                      168,125
        

</TABLE>