<TABLE> <S> <C>

<ARTICLE>                     9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
FINANCIAL  STATEMENTS  OF GUARANTY  STATE  BANCORP FOR THE TWELVE  MONTHS  ENDED
DECEMBER  31,  1997,  AND IS  QUALIFIED  IN ITS  ENTIRETY BY  REFERENCE  TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                  1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                           3,762
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 2,670
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     20,802
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                         76,955
<ALLOWANCE>                                      1,145
<TOTAL-ASSETS>                                 106,565
<DEPOSITS>                                      92,674
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                                  0
<LONG-TERM>                                      1,800
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        11,369
<OTHER-SE>                                           0
<TOTAL-LIABILITIES-AND-EQUITY>                 106,565
<INTEREST-LOAN>                                  6,756
<INTEREST-INVEST>                                1,353
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                                 8,109
<INTEREST-DEPOSIT>                               3,724
<INTEREST-EXPENSE>                                 130
<INTEREST-INCOME-NET>                            4,255
<LOAN-LOSSES>                                      211
<SECURITIES-GAINS>                                  14
<EXPENSE-OTHER>                                  2,892
<INCOME-PRETAX>                                  1,696
<INCOME-PRE-EXTRAORDINARY>                           0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,140
<EPS-PRIMARY>                                     1.29
<EPS-DILUTED>                                     1.22
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                         74
<LOANS-PAST>                                       194
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                      153
<RECOVERIES>                                        22
<ALLOWANCE-CLOSE>                                    0
<ALLOWANCE-DOMESTIC>                               211
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0



</TABLE>