<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL
STATEMENTS OF STATE FINANCIAL SERVICES  CORPORATION AS OF AND FOR THE SIX MONTHS
ENDED JUNE 30,  1999 AND IS  QUALIFIED  IN ITS  ENTIRETY  BY  REFERENCE  TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   JUN-30-1999
<CASH>                                         34,285,654
<INT-BEARING-DEPOSITS>                         12,961,406
<FED-FUNDS-SOLD>                               12,523,713
<TRADING-ASSETS>                               0
<INVESTMENTS-HELD-FOR-SALE>                    206,364,224
<INVESTMENTS-CARRYING>                         6,414,291
<INVESTMENTS-MARKET>                           6,493,718
<LOANS>                                        724,618,187
<ALLOWANCE>                                    6,962,955
<TOTAL-ASSETS>                                 1,056,021,716
<DEPOSITS>                                     829,162,939
<SHORT-TERM>                                   73,702,529
<LIABILITIES-OTHER>                            7,569,121
<LONG-TERM>                                    10,000,000
<PREFERRED-MANDATORY>                          1,008,621
<PREFERRED>                                    0
<COMMON>                                       0
<OTHER-SE>                                     134,578,506
<TOTAL-LIABILITIES-AND-EQUITY>                 1,056,021,716
<INTEREST-LOAN>                                24,963,579
<INTEREST-INVEST>                              3,995,122
<INTEREST-OTHER>                               247,790
<INTEREST-TOTAL>                               29,206,491
<INTEREST-DEPOSIT>                             11,261,400
<INTEREST-EXPENSE>                             12,695,511
<INTEREST-INCOME-NET>                          16,510,980
<LOAN-LOSSES>                                  345,000
<SECURITIES-GAINS>                             745,911
<EXPENSE-OTHER>                                13,729,561
<INCOME-PRETAX>                                6,617,582
<INCOME-PRE-EXTRAORDINARY>                     4,026,578
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   4,026,578
<EPS-BASIC>                                  0.42
<EPS-DILUTED>                                  0.42
<YIELD-ACTUAL>                                 7.55
<LOANS-NON>                                    4,701,000
<LOANS-PAST>                                   18,000
<LOANS-TROUBLED>                               0
<LOANS-PROBLEM>                                770,000
<ALLOWANCE-OPEN>                               4,484,504
<CHARGE-OFFS>                                  196,191
<RECOVERIES>                                   101,149
<ALLOWANCE-CLOSE>                              6,962,955
<ALLOWANCE-DOMESTIC>                           6,962,955
<ALLOWANCE-FOREIGN>                            0
<ALLOWANCE-UNALLOCATED>                        6,962,955



</TABLE>