<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED
FINANCIAL STATEMENTS OF FIRSTSPARTAN FINANCIAL CORP. AS OF OR FOR THE NINE
MONTHS ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS (DOLLARS IN THOUSANDS EXCEPT PER SHARE DATA).
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               MAR-31-1999
<CASH>                                           8,150
<INT-BEARING-DEPOSITS>                          26,292
<FED-FUNDS-SOLD>                                 1,480
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     39,641
<INVESTMENTS-CARRYING>                              60
<INVESTMENTS-MARKET>                                61
<LOANS>                                        446,324
<ALLOWANCE>                                      2,725
<TOTAL-ASSETS>                                 540,991
<DEPOSITS>                                     400,672
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                              3,874
<LONG-TERM>                                     27,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            44
<OTHER-SE>                                     109,445
<TOTAL-LIABILITIES-AND-EQUITY>                 540,991
<INTEREST-LOAN>                                 26,079
<INTEREST-INVEST>                                2,780
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                                28,859
<INTEREST-DEPOSIT>                              12,726
<INTEREST-EXPENSE>                              13,730
<INTEREST-INCOME-NET>                           15,129
<LOAN-LOSSES>                                      600
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  9,291
<INCOME-PRETAX>                                  8,196
<INCOME-PRE-EXTRAORDINARY>                       8,196
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,893
<EPS-PRIMARY>                                     1.32
<EPS-DILUTED>                                     1.32
<YIELD-ACTUAL>                                    3.99
<LOANS-NON>                                      1,335
<LOANS-PAST>                                       102
<LOANS-TROUBLED>                                   835
<LOANS-PROBLEM>                                  3,156
<ALLOWANCE-OPEN>                                 2,179
<CHARGE-OFFS>                                       55
<RECOVERIES>                                         1
<ALLOWANCE-CLOSE>                                2,725
<ALLOWANCE-DOMESTIC>                             2,725
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>