<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PEOPLE'S
BANCSHARES, INC AND SUBSIDIARIES ANNUAL FINANCIAL STATEMENTS FOR THE YEAR
ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS CONTAINED IN SUCH FORM 10-K.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<EXCHANGE-RATE>                                      1
<CASH>                                          11,875
<INT-BEARING-DEPOSITS>                           5,916
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     42,068
<INVESTMENTS-CARRYING>                         524,581
<INVESTMENTS-MARKET>                           481,018
<LOANS>                                        440,992
<ALLOWANCE>                                      4,096
<TOTAL-ASSETS>                               1,071,176
<DEPOSITS>                                     561,614
<SHORT-TERM>                                    73,750
<LIABILITIES-OTHER>                              6,948
<LONG-TERM>                                    388,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           369
<OTHER-SE>                                      40,495
<TOTAL-LIABILITIES-AND-EQUITY>               1,071,176
<INTEREST-LOAN>                                 34,671
<INTEREST-INVEST>                               38,419
<INTEREST-OTHER>                                   256
<INTEREST-TOTAL>                                73,346
<INTEREST-DEPOSIT>                              20,010
<INTEREST-EXPENSE>                              45,545
<INTEREST-INCOME-NET>                           27,801
<LOAN-LOSSES>                                    (850)
<SECURITIES-GAINS>                                  36
<EXPENSE-OTHER>                                 23,718
<INCOME-PRETAX>                                 13,975
<INCOME-PRE-EXTRAORDINARY>                      13,975
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     9,366
<EPS-BASIC>                                       2.81
<EPS-DILUTED>                                     2.77
<YIELD-ACTUAL>                                    2.85
<LOANS-NON>                                        503
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                   197
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 4,866
<CHARGE-OFFS>                                      403
<RECOVERIES>                                       483
<ALLOWANCE-CLOSE>                                4,096
<ALLOWANCE-DOMESTIC>                             2,995
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          1,101


</TABLE>