<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
         THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS AS OF AND FOR THE PERIOD ENDED DECEMBER 31, 1998, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                         0001043056
<NAME>                        TALBOT BANCSHARES, INC.
<MULTIPLIER>                                   1,000
<CURRENCY>                                       US$
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   DEC-31-1998
<EXCHANGE-RATE>                                          1
<CASH>                                               8,004
<INT-BEARING-DEPOSITS>                                   0
<FED-FUNDS-SOLD>                                    12,403
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                         69,500
<INVESTMENTS-CARRYING>                              13,871
<INVESTMENTS-MARKET>                                13,963
<LOANS>                                            194,363
<ALLOWANCE>                                          2,582
<TOTAL-ASSETS>                                     302,254
<DEPOSITS>                                         249,929
<SHORT-TERM>                                        17,111
<LIABILITIES-OTHER>                                    929
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                                12
<OTHER-SE>                                          34,272
<TOTAL-LIABILITIES-AND-EQUITY>                     302,254
<INTEREST-LOAN>                                     16,572
<INTEREST-INVEST>                                    3,783
<INTEREST-OTHER>                                       693
<INTEREST-TOTAL>                                    21,048
<INTEREST-DEPOSIT>                                   8,860
<INTEREST-EXPENSE>                                   9,463
<INTEREST-INCOME-NET>                               11,583
<LOAN-LOSSES>                                          240
<SECURITIES-GAINS>                                    (10)
<EXPENSE-OTHER>                                      5,971
<INCOME-PRETAX>                                      6,161
<INCOME-PRE-EXTRAORDINARY>                           4,015
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                         4,015
<EPS-PRIMARY>                                         3.37
<EPS-DILUTED>                                         3.33
<YIELD-ACTUAL>                                        7.90
<LOANS-NON>                                            827
<LOANS-PAST>                                           671
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                      4,949
<ALLOWANCE-OPEN>                                     2,538
<CHARGE-OFFS>                                          280
<RECOVERIES>                                            84
<ALLOWANCE-CLOSE>                                    2,582
<ALLOWANCE-DOMESTIC>                                 2,582
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                571
        

</TABLE>