<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>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996
<PERIOD-START>                             JAN-01-1997             JAN-01-1996
<PERIOD-END>                               DEC-31-1997             DEC-31-1996
<CASH>                                             422                     422
<INT-BEARING-DEPOSITS>                          36,649                   2,253
<FED-FUNDS-SOLD>                                     0                       0
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                      3,054                   3,959
<INVESTMENTS-CARRYING>                           3,738                   4,677
<INVESTMENTS-MARKET>                             3,764                   4,674
<LOANS>                                        101,982                  97,951
<ALLOWANCE>                                        693                     388
<TOTAL-ASSETS>                                 149,585                 112,552
<DEPOSITS>                                      99,382                  93,785
<SHORT-TERM>                                         0                   2,000
<LIABILITIES-OTHER>                              3,210                   2,355
<LONG-TERM>                                          0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                      46,993                  14,412
<TOTAL-LIABILITIES-AND-EQUITY>                 149,585                 112,552
<INTEREST-LOAN>                                  8,367                   7,963
<INTEREST-INVEST>                                  482                     628
<INTEREST-OTHER>                                   148                      88
<INTEREST-TOTAL>                                 8,997                   8,679
<INTEREST-DEPOSIT>                               4,723                   4,624
<INTEREST-EXPENSE>                               4,820                   4,658
<INTEREST-INCOME-NET>                            4,177                   4,021
<LOAN-LOSSES>                                      335                       0
<SECURITIES-GAINS>                                   0                       0
<EXPENSE-OTHER>                                  2,993                   3,146
<INCOME-PRETAX>                                  1,041                   1,075
<INCOME-PRE-EXTRAORDINARY>                       1,041                   1,075
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                       667                     721
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0
<YIELD-ACTUAL>                                    7.93                    8.07
<LOANS-NON>                                      1,076                   1,104
<LOANS-PAST>                                     1,449                   1,247
<LOANS-TROUBLED>                                     0                       0
<LOANS-PROBLEM>                                      0                       0
<ALLOWANCE-OPEN>                                   388                     396
<CHARGE-OFFS>                                       32                      13
<RECOVERIES>                                         2                       5
<ALLOWANCE-CLOSE>                                  693                     388
<ALLOWANCE-DOMESTIC>                               376                     308
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                            317                      80
        

</TABLE>