<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CODDLE CREEK
FINANCIAL CORP AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1997
<PERIOD-START>                             JAN-31-1998             JAN-31-1997
<PERIOD-END>                               DEC-31-1998             DEC-31-1997
<CASH>                                             439                     422
<INT-BEARING-DEPOSITS>                           7,806                  36,649
<FED-FUNDS-SOLD>                                     0                       0
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                     10,244                   3,054
<INVESTMENTS-CARRYING>                           2,445                   3,738
<INVESTMENTS-MARKET>                             2,494                   3,764
<LOANS>                                        111,473                 102,675
<ALLOWANCE>                                        895                     693
<TOTAL-ASSETS>                                 135,811                 149,585
<DEPOSITS>                                      87,569                  99,382
<SHORT-TERM>                                         0                       0
<LIABILITIES-OTHER>                              3,123                   3,210
<LONG-TERM>                                          0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                      45,119                  46,993
<TOTAL-LIABILITIES-AND-EQUITY>                 135,811                 149,585
<INTEREST-LOAN>                                  8,944                   8,367
<INTEREST-INVEST>                                  896                     482
<INTEREST-OTHER>                                   476                     148
<INTEREST-TOTAL>                                10,316                   8,987
<INTEREST-DEPOSIT>                               4,096                   4,723
<INTEREST-EXPENSE>                               4,096                   4,820
<INTEREST-INCOME-NET>                            6,220                   4,177
<LOAN-LOSSES>                                      205                     335
<SECURITIES-GAINS>                                   0                       0
<EXPENSE-OTHER>                                  2,957                   2,993
<INCOME-PRETAX>                                  3,243                   1,041
<INCOME-PRE-EXTRAORDINARY>                       3,243                   1,041
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                     2,204                     667
<EPS-PRIMARY>                                     3.54                       0
<EPS-DILUTED>                                     3.54                       0
<YIELD-ACTUAL>                                    7.80                    7.93
<LOANS-NON>                                        996                   1,076
<LOANS-PAST>                                       390                     373
<LOANS-TROUBLED>                                     0                       0
<LOANS-PROBLEM>                                      0                       0
<ALLOWANCE-OPEN>                                   693                     388
<CHARGE-OFFS>                                        5                      32
<RECOVERIES>                                         2                       2
<ALLOWANCE-CLOSE>                                  895                     693
<ALLOWANCE-DOMESTIC>                               330                     376
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                            565                     317
        

</TABLE>