<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
         THE SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION EXTRACTED FROM 1ST
BANCORP  AND IS  QUALIFIED  IN ITS  ENTIRETY  BY  REFERENCE  TO  SUCH  FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>                         0000840458
<NAME>                        1ST BANCORP
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              JUN-30-1998
<PERIOD-START>                                 JUL-1-1997
<PERIOD-END>                                   JUN-30-1998
<EXCHANGE-RATE>                                1.000
<CASH>                                         332
<INT-BEARING-DEPOSITS>                         15,831
<FED-FUNDS-SOLD>                               0
<TRADING-ASSETS>                               0
<INVESTMENTS-HELD-FOR-SALE>                    15,504
<INVESTMENTS-CARRYING>                         19,553
<INVESTMENTS-MARKET>                           19,514
<LOANS>                                        189,204
<ALLOWANCE>                                    1,465
<TOTAL-ASSETS>                                 260,149
<DEPOSITS>                                     117,763
<SHORT-TERM>                                   0
<LIABILITIES-OTHER>                            3,150
<LONG-TERM>                                    115,381
<COMMON>                                       1,092
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<OTHER-SE>                                     22,763
<TOTAL-LIABILITIES-AND-EQUITY>                 260,149
<INTEREST-LOAN>                                15,735
<INTEREST-INVEST>                              3,097
<INTEREST-OTHER>                               621
<INTEREST-TOTAL>                               19,453
<INTEREST-DEPOSIT>                             7,308
<INTEREST-EXPENSE>                             13,004
<INTEREST-INCOME-NET>                          6,449
<LOAN-LOSSES>                                  755
<SECURITIES-GAINS>                             32
<EXPENSE-OTHER>                                5,309
<INCOME-PRETAX>                                2,527
<INCOME-PRE-EXTRAORDINARY>                     2,527
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   1,911
<EPS-PRIMARY>                                  $1.75
<EPS-DILUTED>                                  $1.73
<YIELD-ACTUAL>                                 7.93
<LOANS-NON>                                    3,491
<LOANS-PAST>                                   353
<LOANS-TROUBLED>                               0
<LOANS-PROBLEM>                                139
<ALLOWANCE-OPEN>                               1,158
<CHARGE-OFFS>                                  461
<RECOVERIES>                                   13
<ALLOWANCE-CLOSE>                              1,465
<ALLOWANCE-DOMESTIC>                           465
<ALLOWANCE-FOREIGN>                            0
<ALLOWANCE-UNALLOCATED>                        1,000
        


</TABLE>