<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
DECEMBER 31, 1996 AND 1995, AND SEPTEMBER 30, 1996 AND 1995, CONSOLIDATED
STATEMENTS OF CONDITION AND CONSOLIDATED STATEMENTS OF INCOME AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000720912
<NAME> EXCHANGE BANCSHARES INC
<MULTIPLIER> 1000
<CURRENCY> U S DOLLARS
       
<S>                             <C>                     <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1995             DEC-31-1996             DEC-31-1995
<PERIOD-START>                             OCT-01-1996             OCT-01-1995             JAN-01-1996             JAN-01-1995
<PERIOD-END>                               DEC-31-1996             DEC-31-1995             DEC-31-1996             DEC-31-1995
<EXCHANGE-RATE>                                      1                       1                       1                       1
<CASH>                                           2,440                   2,197                   2,440                   2,197
<INT-BEARING-DEPOSITS>                               0                       0                       0                       0
<FED-FUNDS-SOLD>                                 2,254                   3,895                   2,254                   3,895
<TRADING-ASSETS>                                     0                       0                       0                       0
<INVESTMENTS-HELD-FOR-SALE>                     17,533                  16,876                  17,533                  16,876
<INVESTMENTS-CARRYING>                           3,184                   3,703                   3,184                   3,703
<INVESTMENTS-MARKET>                             3,075                   3,619                   3,075                   3,619
<LOANS>                                         41,471                  38,339                  41,471                  38,339
<ALLOWANCE>                                      (508)                   (483)                   (508)                   (483)
<TOTAL-ASSETS>                                  68,206                  66,140                  68,206                  66,140
<DEPOSITS>                                      60,158                  58,511                  60,158                  58,511
<SHORT-TERM>                                         0                       0                       0                       0
<LIABILITIES-OTHER>                                231                     200                     231                     200
<LONG-TERM>                                          0                       0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0                       0
<PREFERRED>                                          0                       0                       0                       0
<COMMON>                                         2,379                   2,265                   2,379                   2,265
<OTHER-SE>                                       5,438                   5,164                   5,438                   5,164
<TOTAL-LIABILITIES-AND-EQUITY>                  68,206                  66,140                  68,206                  66,140
<INTEREST-LOAN>                                    951                     923                   3,756                   3,505
<INTEREST-INVEST>                                  319                     313                   1,262                   1,258
<INTEREST-OTHER>                                    58                      59                     193                     192
<INTEREST-TOTAL>                                 1,328                   1,295                   5,211                   4,955
<INTEREST-DEPOSIT>                                 555                     534                   2,174                   2,038
<INTEREST-EXPENSE>                                 555                     534                   2,174                   2,038
<INTEREST-INCOME-NET>                              773                     761                   3,037                   2,917
<LOAN-LOSSES>                                       10                      30                      75                     120
<SECURITIES-GAINS>                                   0                    (38)                       0                    (38)
<EXPENSE-OTHER>                                    575                     553                   2,197                   2,155
<INCOME-PRETAX>                                    266                     261                   1,081                     881
<INCOME-PRE-EXTRAORDINARY>                         185                     202                     747                     612
<EXTRAORDINARY>                                      0                       0                       0                       0
<CHANGES>                                            0                       0                       0                       0
<NET-INCOME>                                       185                     202                     747                     612
<EPS-PRIMARY>                                     0.40                    0.40                    1.59                    1.28
<EPS-DILUTED>                                     0.40                    0.40                    1.59                    1.28
<YIELD-ACTUAL>                                    4.58                    4.51                    4.78                    4.68
<LOANS-NON>                                        196                     336                     196                     336
<LOANS-PAST>                                       125                      57                     125                      57
<LOANS-TROUBLED>                                    23                       0                      23                       0
<LOANS-PROBLEM>                                      0                       0                       0                       0
<ALLOWANCE-OPEN>                                   531                     462                     483                     465
<CHARGE-OFFS>                                       35                      14                      68                     136
<RECOVERIES>                                         2                       3                      51                      34
<ALLOWANCE-CLOSE>                                  508                     483                     508                     483
<ALLOWANCE-DOMESTIC>                               508                     483                     508                     483
<ALLOWANCE-FOREIGN>                                  0                       0                       0                       0
<ALLOWANCE-UNALLOCATED>                            315                     280                     315                     280
        

</TABLE>