<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MARCH
31, 2000 10-QSB FINANCIAL STATEMENTS OF GEORGIA CAROLINA BANCSHARES AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<EXCHANGE-RATE>                                      1
<CASH>                                           3,053
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 2,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     12,276
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                         46,043
<ALLOWANCE>                                      1,127
<TOTAL-ASSETS>                                  68,173
<DEPOSITS>                                      55,160
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                              2,302
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                      10,710
<TOTAL-LIABILITIES-AND-EQUITY>                  68,673
<INTEREST-LOAN>                                    939
<INTEREST-INVEST>                                  198
<INTEREST-OTHER>                                   138
<INTEREST-TOTAL>                                 1,275
<INTEREST-DEPOSIT>                                 578
<INTEREST-EXPENSE>                                 590
<INTEREST-INCOME-NET>                              685
<LOAN-LOSSES>                                      116
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                    757
<INCOME-PRETAX>                                    (52)
<INCOME-PRE-EXTRAORDINARY>                         (52)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       (35)
<EPS-BASIC>                                       (.04)
<EPS-DILUTED>                                     (.04)
<YIELD-ACTUAL>                                     8.2
<LOANS-NON>                                        394
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,000
<CHARGE-OFFS>                                        7
<RECOVERIES>                                         8
<ALLOWANCE-CLOSE>                                1,127
<ALLOWANCE-DOMESTIC>                             1,127
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            598


</TABLE>