<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 March 31,
1996, and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<RESTATED>
<MULTIPLIER>        1,000

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                          16,093
<INT-BEARING-DEPOSITS>                          20,985
<FED-FUNDS-SOLD>                                 3,860
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     20,133
<INVESTMENTS-CARRYING>                          35,330
<INVESTMENTS-MARKET>                            35,186
<LOANS>                                        193,825
<ALLOWANCE>                                      2,257
<TOTAL-ASSETS>                                 275,266
<DEPOSITS>                                     227,034
<SHORT-TERM>                                    12,664
<LIABILITIES-OTHER>                              1,500
<LONG-TERM>                                     19,693
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            20
<OTHER-SE>                                      14,355
<TOTAL-LIABILITIES-AND-EQUITY>                  14,375
<INTEREST-LOAN>                                  4,720
<INTEREST-INVEST>                                  938
<INTEREST-OTHER>                                    68
<INTEREST-TOTAL>                                 5,726
<INTEREST-DEPOSIT>                               2,825
<INTEREST-EXPENSE>                               3,425
<INTEREST-INCOME-NET>                            2,301
<LOAN-LOSSES>                                      180
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  1,517
<INCOME-PRETAX>                                    783
<INCOME-PRE-EXTRAORDINARY>                           0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       470
<EPS-PRIMARY>                                      .17
<EPS-DILUTED>                                      .16
<YIELD-ACTUAL>                                    8.75
<LOANS-NON>                                        398
<LOANS-PAST>                                     1,373
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0 <F1>
<ALLOWANCE-OPEN>                                 2,130
<CHARGE-OFFS>                                       90
<RECOVERIES>                                        37
<ALLOWANCE-CLOSE>                                   53
<ALLOWANCE-DOMESTIC>                             1,715
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            542
<FN>
<F1>Information only reported at fiscal year-end date.


</TABLE>