<TABLE> <S> <C>

<ARTICLE>           9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
ALLEGIANT BANCORP, INC.'S QUARTERLY REPORT ON FORM 10-QSB FOR THE
QUARTER ENDED JUNE 30, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH REPORT.
</LEGEND>
<RESTATED>
<MULTIPLIER>        1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                           6,856
<INT-BEARING-DEPOSITS>                         184,744
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     21,269
<INVESTMENTS-CARRYING>                          35,531
<INVESTMENTS-MARKET>                            35,186
<LOANS>                                        222,805
<ALLOWANCE>                                      2,290
<TOTAL-ASSETS>                                 292,421
<DEPOSITS>                                     237,479
<SHORT-TERM>                                    22,557
<LIABILITIES-OTHER>                              1,017
<LONG-TERM>                                     16,680
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            20
<OTHER-SE>                                      14,668
<TOTAL-LIABILITIES-AND-EQUITY>                  14,688
<INTEREST-LOAN>                                  9,598
<INTEREST-INVEST>                                1,742
<INTEREST-OTHER>                                    49
<INTEREST-TOTAL>                                 5,731
<INTEREST-DEPOSIT>                               2,749
<INTEREST-EXPENSE>                               3,330
<INTEREST-INCOME-NET>                            2,401
<LOAN-LOSSES>                                      251
<SECURITIES-GAINS>                                  17
<EXPENSE-OTHER>                                  1,707
<INCOME-PRETAX>                                    678
<INCOME-PRE-EXTRAORDINARY>                           0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       425
<EPS-PRIMARY>                                      .33
<EPS-DILUTED>                                      .29
<YIELD-ACTUAL>                                    8.69
<LOANS-NON>                                        559
<LOANS-PAST>                                        79
<LOANS-TROUBLED>                                     0<F1>
<LOANS-PROBLEM>                                      0<F1>
<ALLOWANCE-OPEN>                                 2,130
<CHARGE-OFFS>                                      323
<RECOVERIES>                                        52
<ALLOWANCE-CLOSE>                                2,290
<ALLOWANCE-DOMESTIC>                             1,913
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            377
<FN>
<F1>Only reported at year end.


</TABLE>