<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS AS OF AND FOR THE PERIOD ENDED DECEMBER 31, 1999, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<NAME>                         TALBOT BANCSHARES, INC.
<CIK>                                       0001043056
<MULTIPLIER>                                     1,000
<CURRENCY>                                           0

<S>                             <C>
<PERIOD-TYPE>                                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<EXCHANGE-RATE>                                      1
<CASH>                                           5,535
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                24,714
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     64,888
<INVESTMENTS-CARRYING>                           8,302
<INVESTMENTS-MARKET>                             8,162
<LOANS>                                        218,776
<ALLOWANCE>                                      2,743
<TOTAL-ASSETS>                                 327,069
<DEPOSITS>                                     273,948
<SHORT-TERM>                                    16,343
<LIABILITIES-OTHER>                                895
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            12
<OTHER-SE>                                      35,870
<TOTAL-LIABILITIES-AND-EQUITY>                 327,069
<INTEREST-LOAN>                                 17,367
<INTEREST-INVEST>                                4,461
<INTEREST-OTHER>                                   549
<INTEREST-TOTAL>                                22,377
<INTEREST-DEPOSIT>                               9,214
<INTEREST-EXPENSE>                               9,891
<INTEREST-INCOME-NET>                           12,466
<LOAN-LOSSES>                                      240
<SECURITIES-GAINS>                                  12
<EXPENSE-OTHER>                                  6,301
<INCOME-PRETAX>                                  6,929
<INCOME-PRE-EXTRAORDINARY>                       4,576
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,520
<EPS-BASIC>                                       3.79
<EPS-DILUTED>                                     3.72
<YIELD-ACTUAL>                                    7.58
<LOANS-NON>                                        773
<LOANS-PAST>                                     1,146
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                  4,949
<ALLOWANCE-OPEN>                                 2,582
<CHARGE-OFFS>                                      200
<RECOVERIES>                                       121
<ALLOWANCE-CLOSE>                                2,743
<ALLOWANCE-DOMESTIC>                             2,743
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0


</TABLE>