<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CODDLE CREEK
FINANCIAL CORP, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1997
<PERIOD-START>                             JAN-01-1998             JAN-01-1997
<PERIOD-END>                               MAR-31-1998             MAR-31-1997
<CASH>                                          10,018                   3,412
<INT-BEARING-DEPOSITS>                           9,736                   3,152
<FED-FUNDS-SOLD>                                     0                       0
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                     13,909                   3,632
<INVESTMENTS-CARRYING>                           3,271                   4,538
<INVESTMENTS-MARKET>                             3,294                   4,509
<LOANS>                                        103,249                  97,730
<ALLOWANCE>                                        754                     387
<TOTAL-ASSETS>                                 134,338                 112,611
<DEPOSITS>                                      87,565                  93,539
<SHORT-TERM>                                         0                   2,000
<LIABILITIES-OTHER>                              3,068                   2,460
<LONG-TERM>                                          0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                      43,705                  14,612
<TOTAL-LIABILITIES-AND-EQUITY>                 134,338                 112,611
<INTEREST-LOAN>                                  2,194                   2,028
<INTEREST-INVEST>                                  185                     133
<INTEREST-OTHER>                                   283                      18
<INTEREST-TOTAL>                                 2,662                   2,179
<INTEREST-DEPOSIT>                               1,060                   1,146
<INTEREST-EXPENSE>                               1,060                   1,177
<INTEREST-INCOME-NET>                            1,602                   1,002
<LOAN-LOSSES>                                       60                       0
<SECURITIES-GAINS>                                   0                       0
<EXPENSE-OTHER>                                    703                     644
<INCOME-PRETAX>                                    887                     358
<INCOME-PRE-EXTRAORDINARY>                         887                     358
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                       519                     215
<EPS-PRIMARY>                                     0.84                       0
<EPS-DILUTED>                                     0.84                       0
<YIELD-ACTUAL>                                    7.52                    7.94
<LOANS-NON>                                        639                     996
<LOANS-PAST>                                         0                      41
<LOANS-TROUBLED>                                     0                       0
<LOANS-PROBLEM>                                      0                       0
<ALLOWANCE-OPEN>                                   693                     388
<CHARGE-OFFS>                                        0                       1
<RECOVERIES>                                         1                       0
<ALLOWANCE-CLOSE>                                  754                     387
<ALLOWANCE-DOMESTIC>                               278                     330
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                            476                      57
        


</TABLE>