<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
financial  statements  as of and for the periods  ended  September  30, 1997 and
September  30,  1998 and is  qualified  in its  entirety  by  reference  to such
financial statements.
</LEGEND>
<CIK>                         1069855
<NAME>                        Patapsco Valley Bancshares, Inc.
<MULTIPLIER>                                   1,000
<CURRENCY>                                 U.S. DOLLARS
       
<S>                                         <C>                <C>  
<PERIOD-TYPE>                                     9-MOS             9-MOS
<FISCAL-YEAR-END>                           DEC-31-1997       DEC-31-1998
<PERIOD-START>                               JAN-1-1997        JAN-1-1998
<PERIOD-END>                                SEP-30-1997       SEP-30-1998
<EXCHANGE-RATE>                                       1                 1
<CASH>                                            6,233             4,757
<INT-BEARING-DEPOSITS>                               43             1,277
<FED-FUNDS-SOLD>                                 12,098             5,886
<TRADING-ASSETS>                                      0                 0
<INVESTMENTS-HELD-FOR-SALE>                      15,016            11,920
<INVESTMENTS-CARRYING>                                0                 0
<INVESTMENTS-MARKET>                                  0                 0
<LOANS>                                          96,880           119,688
<ALLOWANCE>                                       1,652             1,441
<TOTAL-ASSETS>                                  133,937           152,869
<DEPOSITS>                                      114,089           130,658
<SHORT-TERM>                                      2,520             3,474
<LIABILITIES-OTHER>                               1,140             2,089
<LONG-TERM>                                           0                 0
<PREFERRED-MANDATORY>                                 0                 0
<PREFERRED>                                           0                 0
<COMMON>                                              6                14
<OTHER-SE>                                       16,182            16,634
<TOTAL-LIABILITIES-AND-EQUITY>                  133,937           152,869
<INTEREST-LOAN>                                   6,511             7,901
<INTEREST-INVEST>                                   817               513
<INTEREST-OTHER>                                    456               341
<INTEREST-TOTAL>                                  7,789             8,755
<INTEREST-DEPOSIT>                                2,030             2,495
<INTEREST-EXPENSE>                                2,136             2,722
<INTEREST-INCOME-NET>                             2,136             6,032
<LOAN-LOSSES>                                         0                 0
<SECURITIES-GAINS>                                    0                 0
<EXPENSE-OTHER>                                   4,064             6,620
<INCOME-PRETAX>                                   2,255             1,452
<INCOME-PRE-EXTRAORDINARY>                        2,255             1,452
<EXTRAORDINARY>                                       0                 0
<CHANGES>                                             0                 0
<NET-INCOME>                                      1,431               926
<EPS-PRIMARY>                                      1.09               .68
<EPS-DILUTED>                                      1.09               .68
<YIELD-ACTUAL>                                     6.24              5.85
<LOANS-NON>                                         766             1,049
<LOANS-PAST>                                        525                 7
<LOANS-TROUBLED>                                      0                 0
<LOANS-PROBLEM>                                       0                 0
<ALLOWANCE-OPEN>                                  1,563             1,615
<CHARGE-OFFS>                                        69               310
<RECOVERIES>                                        158               136
<ALLOWANCE-CLOSE>                                 1,652             1,441
<ALLOWANCE-DOMESTIC>                              1,652             1,441
<ALLOWANCE-FOREIGN>                                   0                 0
<ALLOWANCE-UNALLOCATED>                           1,652             1,441
        


</TABLE>