<TABLE> <S> <C>

<PAGE>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FIN DATA SCHEDULE FOR
2ND QTR 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000883476
<NAME> CRESCENT BANKING COMPANY
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                           2,440
<INT-BEARING-DEPOSITS>                              15
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                37,943
<INVESTMENTS-HELD-FOR-SALE>                        691
<INVESTMENTS-CARRYING>                           1,694
<INVESTMENTS-MARKET>                             1,694
<LOANS>                                         32,432
<ALLOWANCE>                                        409
<TOTAL-ASSETS>                                  84,068
<DEPOSITS>                                      56,954
<SHORT-TERM>                                     9,633 
<LIABILITIES-OTHER>                              1,211
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           706
<OTHER-SE>                                       7,220
<TOTAL-LIABILITIES-AND-EQUITY>                  84,068
<INTEREST-LOAN>                                  1,559
<INTEREST-INVEST>                                   61
<INTEREST-OTHER>                                    81
<INTEREST-TOTAL>                                 3,240
<INTEREST-DEPOSIT>                               1,239
<INTEREST-EXPENSE>                                 158
<INTEREST-INCOME-NET>                            1,842
<LOAN-LOSSES>                                       75
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  3,714
<INCOME-PRETAX>                                521,009
<INCOME-PRE-EXTRAORDINARY>                     521,009
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   318,511
<EPS-PRIMARY>                                     0.45
<EPS-DILUTED>                                     0.45
<YIELD-ACTUAL>                                   10.20 
<LOANS-NON>                                        170 
<LOANS-PAST>                                        69 
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                  1,194  
<ALLOWANCE-OPEN>                                   335
<CHARGE-OFFS>                                        3 
<RECOVERIES>                                         1 
<ALLOWANCE-CLOSE>                                  409 
<ALLOWANCE-DOMESTIC>                               374 
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                             35 
        

</TABLE>