WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>



                           MIDWEST BANC HOLDINGS, INC.
                            FORM 10-Quarterly Report

Exhibit 27 - Financial Data Schedule

<ARTICLE>                                                       9

<S>                                                         <C>
<PERIOD-TYPE>                                               6-Mos
<FISCAL-YEAR-END>                                     Dec-31-1999
<PERIOD-END>                                          Jun-30-1999
<CASH>                                                     32,878
<Interest-Bearing-Deposits>                                   165
<FED-FUNDS-SOLD>                                            1,493
<TRADING-ASSETS>                                            1,924
<Investments-Available-for-Sale>                          459,388
<Investments-Held-to-Maturity>                             26,270
<INVESTMENTS-CARRYING>                                    485,658
<INVESTMENTS-MARKET>                                      486,803
<LOANS>                                                   587,101
<ALLOWANCE>                                                (6,843)
<TOTAL-ASSETS>                                            139,226
<DEPOSITS>                                                939,711
<SHORT-TERM>                                               14,291
<LIABILITIES-OTHER>                                         6,822
<LONG-TERM>                                               106,800
<PREFERRED-MANDATORY>                                           0
<PREFERRED>                                                     0
<COMMON>                                                      114
<OTHER-SE>                                                 71,488
<TOTAL-LIABILITIES-AND-EQUITY>                          1,139,226
<Interest-Loans>                                           24,041
<Interest-Investments>                                     14,593
<INTEREST-OTHER>                                              168
<INTEREST-DEPOSIT>                                         17,653
<INTEREST-EXPENSE>                                         20,647
<INTEREST-INCOME-NET>                                      18,155
<Provision for Loan Losses>                                   879
<Income-Other>                                              3,298
<Security Gains>                                              212
<EXPENSE-OTHER>                                            12,571
<INCOME-PRETAX>                                             8,215
<INCOME-PRE-EXTRAORDINARY>                                  5,302
<EXTRAORDINARY>                                                 0
<CHANGES>                                                       0
<NET-INCOME>                                                5,302
<EPS-BASIC>                                               $0.48
<EPS-DILUTED>                                               $0.48
<YIELD-ACTUAL>                                              3.55%
<Loans-Nonaccrual>                                          3,970
<Loans-Past Due 90 days>                                    2,507
<LOANS-TROUBLED>                                                0
<LOANS-PROBLEM>                                                 0
<ALLOWANCE-OPEN>                                            6,576
<CHARGE-OFFS>                                                 715
<RECOVERIES>                                                  103
<ALLOWANCE-CLOSE>                                           6,843
<ALLOWANCE-DOMESTIC>                                        6,843
<ALLOWANCE-FOREIGN>                                             0
<ALLOWANCE-UNALLOCATED>                                         0




</TABLE>