<TABLE> <S> <C>

<ARTICLE>                            9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
QUARTERLY  REPORT ON FORM 10-QSB FOR  ATLANTIC  FINANCIAL  CORP.  FOR THE PERIOD
ENDED JUNE 30, 1999  AND IS  QUALIFIED  IN ITS  ENTIRETY  BY  REFERENCE  TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                       1,000

<S>                                                <C>
<PERIOD-TYPE>                                      6-MOS
<FISCAL-YEAR-END>                                  DEC-31-1999
<PERIOD-END>                                       JUN-30-1999
<CASH>                                                       14264
<INT-BEARING-DEPOSITS>                                           0
<FED-FUNDS-SOLD>                                             22152
<TRADING-ASSETS>                                                 0
<INVESTMENTS-HELD-FOR-SALE>                                  88854
<INVESTMENTS-CARRYING>                                       10811
<INVESTMENTS-MARKET>                                         10768
<LOANS>                                                     223214
<ALLOWANCE>                                                   2615
<TOTAL-ASSETS>                                              374340
<DEPOSITS>                                                  326246
<SHORT-TERM>                                                  1139
<LIABILITIES-OTHER>                                           3985
<LONG-TERM>                                                   1561
<PREFERRED-MANDATORY>                                            0
<PREFERRED>                                                      0
<COMMON>                                                     20965
<OTHER-SE>                                                   22005
<TOTAL-LIABILITIES-AND-EQUITY>                              374340
<INTEREST-LOAN>                                              10323
<INTEREST-INVEST>                                             3444
<INTEREST-OTHER>                                                 0
<INTEREST-TOTAL>                                             13767
<INTEREST-DEPOSIT>                                            5977
<INTEREST-EXPENSE>                                            6019
<INTEREST-INCOME-NET>                                         7748
<LOAN-LOSSES>                                                  209
<SECURITIES-GAINS>                                               1
<EXPENSE-OTHER>                                               5951
<INCOME-PRETAX>                                               2650
<INCOME-PRE-EXTRAORDINARY>                                    2650
<EXTRAORDINARY>                                                  0
<CHANGES>                                                        0
<NET-INCOME>                                                  1959
<EPS-BASIC>                                                 0.47
<EPS-DILUTED>                                                 0.46
<YIELD-ACTUAL>                                                4.82
<LOANS-NON>                                                    467
<LOANS-PAST>                                                   570
<LOANS-TROUBLED>                                                 0
<LOANS-PROBLEM>                                                  0
<ALLOWANCE-OPEN>                                              2424
<CHARGE-OFFS>                                                  198
<RECOVERIES>                                                   181
<ALLOWANCE-CLOSE>                                             2616
<ALLOWANCE-DOMESTIC>                                             0
<ALLOWANCE-FOREIGN>                                              0
<ALLOWANCE-UNALLOCATED>                                       2616


</TABLE>