<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  SEPTEMBER  30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-END>                                   SEP-30-1999
<CASH>                                              15,766
<INT-BEARING-DEPOSITS>                               1,610
<FED-FUNDS-SOLD>                                     3,889
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                         91,465
<INVESTMENTS-CARRYING>                              10,072
<INVESTMENTS-MARKET>                                 9,962
<LOANS>                                            225,554
<ALLOWANCE>                                          2,711
<TOTAL-ASSETS>                                     366,586
<DEPOSITS>                                         318,932
<SHORT-TERM>                                           730
<LIABILITIES-OTHER>                                  2,426
<LONG-TERM>                                          1,447
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            20,950
<OTHER-SE>                                          22,097
<TOTAL-LIABILITIES-AND-EQUITY>                     366,586
<INTEREST-LOAN>                                     15,680
<INTEREST-INVEST>                                    5,206
<INTEREST-OTHER>                                         0
<INTEREST-TOTAL>                                    20,886
<INTEREST-DEPOSIT>                                   9,020
<INTEREST-EXPENSE>                                   9,091
<INTEREST-INCOME-NET>                               11,795
<LOAN-LOSSES>                                          345
<SECURITIES-GAINS>                                       1
<EXPENSE-OTHER>                                      9,122
<INCOME-PRETAX>                                      4,014
<INCOME-PRE-EXTRAORDINARY>                           4,014
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                         2,986
<EPS-BASIC>                                         0.71
<EPS-DILUTED>                                         0.70
<YIELD-ACTUAL>                                        4.85
<LOANS-NON>                                          1,004
<LOANS-PAST>                                           449
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                     2,424
<CHARGE-OFFS>                                          273
<RECOVERIES>                                           215
<ALLOWANCE-CLOSE>                                    2,711
<ALLOWANCE-DOMESTIC>                                     0
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                              2,711



</TABLE>