<TABLE> <S> <C>

<ARTICLE>              9
<LEGEND>

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CENTENNIAL
BANCORP'S CONSOLIDATED FINANCIAL STATEMENTS CONTAINED IN ITS QUARTERLY REPORT ON
FORM 10-Q FOR THE PERIOD ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                                       <C>
<PERIOD-TYPE>                                    6-MOS
<FISCAL-YEAR-END>                           DEC-31-1999
<PERIOD-END>                                JUN-30-1999
<CASH>                                       33,832,243
<INT-BEARING-DEPOSITS>                                0
<FED-FUNDS-SOLD>                              5,315,000
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                  56,854,987
<INVESTMENTS-CARRYING>                                0
<INVESTMENTS-MARKET>                                  0
<LOANS>                                     508,145,336
<ALLOWANCE>                                   5,507,474
<TOTAL-ASSETS>                              656,323,695
<DEPOSITS>                                  551,042,751
<SHORT-TERM>                                 34,349,985
<LIABILITIES-OTHER>                           2,038,949
<LONG-TERM>                                           0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                     30,163,015
<OTHER-SE>                                   38,728,995
<TOTAL-LIABILITIES-AND-EQUITY>              656,323,695
<INTEREST-LOAN>                              24,514,449
<INTEREST-INVEST>                             2,133,723
<INTEREST-OTHER>                                185,168
<INTEREST-TOTAL>                             26,833,340
<INTEREST-DEPOSIT>                            7,650,584
<INTEREST-EXPENSE>                            8,069,710
<INTEREST-INCOME-NET>                        18,763,630
<LOAN-LOSSES>                                 1,100,000
<SECURITIES-GAINS>                              298,625
<EXPENSE-OTHER>                              10,333,458
<INCOME-PRETAX>                               9,338,694
<INCOME-PRE-EXTRAORDINARY>                    6,004,784
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                  6,004,784
<EPS-BASIC>                                       .34
<EPS-DILUTED>                                       .33
<YIELD-ACTUAL>                                        0<F1>
<LOANS-NON>                                   1,390,000
<LOANS-PAST>                                    964,000
<LOANS-TROUBLED>                                      0
<LOANS-PROBLEM>                                       0
<ALLOWANCE-OPEN>                              4,450,614
<CHARGE-OFFS>                                    76,037
<RECOVERIES>                                     32,897
<ALLOWANCE-CLOSE>                             5,507,474
<ALLOWANCE-DOMESTIC>                          5,507,474
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                               0
<FN>
<F1>       INFORMATION NOT CALCULATED FOR INTERIM REPORTS.
</FN>


</TABLE>