<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
10-QSB FOR GEORGIA CAROLINA BANCSHARES FOR THE PERIOD ENDED SEPTEMBER 30, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<EXCHANGE-RATE>                                      1
<CASH>                                           2,894
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 1,090
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     13,037
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                         81,109
<ALLOWANCE>                                      1,223
<TOTAL-ASSETS>                                 104,208
<DEPOSITS>                                      81,144
<SHORT-TERM>                                    10,981
<LIABILITIES-OTHER>                              1,226
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                      10,856
<TOTAL-LIABILITIES-AND-EQUITY>                 104,208
<INTEREST-LOAN>                                  4,242
<INTEREST-INVEST>                                  607
<INTEREST-OTHER>                                   158
<INTEREST-TOTAL>                                 5,007
<INTEREST-DEPOSIT>                               2,133
<INTEREST-EXPENSE>                               2,468
<INTEREST-INCOME-NET>                            2,539
<LOAN-LOSSES>                                      237
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  3,756
<INCOME-PRETAX>                                    (29)
<INCOME-PRE-EXTRAORDINARY>                         (29)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       (18)
<EPS-BASIC>                                       (.02)
<EPS-DILUTED>                                     (.02)
<YIELD-ACTUAL>                                     8.4
<LOANS-NON>                                        202
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,000
<CHARGE-OFFS>                                       65
<RECOVERIES>                                        41
<ALLOWANCE-CLOSE>                                1,223
<ALLOWANCE-DOMESTIC>                             1,223
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            463


</TABLE>