<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
HIGHLANDS UNION BANKSHARES AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET AT
DECEMBER 30, 1998 AND THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR
ENDED DECEMBER 31, 1998 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-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                           9,324
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 1,670
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     51,355
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                        233,371
<ALLOWANCE>                                      2,008
<TOTAL-ASSETS>                                 307,764
<DEPOSITS>                                     272,341
<SHORT-TERM>                                       503
<LIABILITIES-OTHER>                              2,378
<LONG-TERM>                                     14,263
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         3,116
<OTHER-SE>                                      15,163
<TOTAL-LIABILITIES-AND-EQUITY>                 307,764
<INTEREST-LOAN>                                 19,618
<INTEREST-INVEST>                                3,057
<INTEREST-OTHER>                                   222
<INTEREST-TOTAL>                                22,897
<INTEREST-DEPOSIT>                              12,336
<INTEREST-EXPENSE>                              13,401
<INTEREST-INCOME-NET>                            9,496
<LOAN-LOSSES>                                    1,230
<SECURITIES-GAINS>                                 359
<EXPENSE-OTHER>                                  6,962
<INCOME-PRETAX>                                  2,671
<INCOME-PRE-EXTRAORDINARY>                       2,671
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,775
<EPS-PRIMARY>                                     1.44
<EPS-DILUTED>                                     1.38
<YIELD-ACTUAL>                                    3.46
<LOANS-NON>                                      1,396
<LOANS-PAST>                                       628
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,636
<CHARGE-OFFS>                                    1,057
<RECOVERIES>                                       199
<ALLOWANCE-CLOSE>                                2,008
<ALLOWANCE-DOMESTIC>                             2,008
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>