<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
QUARTERLY  REPORT ON FORM  10-QSB FOR  GUARANTY  FINANCIAL  CORPORATION  FOR THE
PERIOD ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-END>                                   JUN-30-1999
<CASH>                                            7,488
<INT-BEARING-DEPOSITS>                            6,455
<FED-FUNDS-SOLD>                                      0
<TRADING-ASSETS>                                  2,949
<INVESTMENTS-HELD-FOR-SALE>                      29,957
<INVESTMENTS-CARRYING>                            1,669
<INVESTMENTS-MARKET>                              1,724
<LOANS>                                         186,897
<ALLOWANCE>                                       1,063
<TOTAL-ASSETS>                                  251,914
<DEPOSITS>                                      193,983
<SHORT-TERM>                                     34,188
<LIABILITIES-OTHER>                               1,504
<LONG-TERM>                                           0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                          1,877
<OTHER-SE>                                        9,316
<TOTAL-LIABILITIES-AND-EQUITY>                  251,914
<INTEREST-LOAN>                                   7,256
<INTEREST-INVEST>                                 1,110
<INTEREST-OTHER>                                    219
<INTEREST-TOTAL>                                  8,585
<INTEREST-DEPOSIT>                                4,079
<INTEREST-EXPENSE>                                5,175
<INTEREST-INCOME-NET>                             3,410
<LOAN-LOSSES>                                       165
<SECURITIES-GAINS>                                 (121)
<EXPENSE-OTHER>                                   3,402
<INCOME-PRETAX>                                     795
<INCOME-PRE-EXTRAORDINARY>                          795
<EXTRAORDINARY>                                    (270)
<CHANGES>                                             0
<NET-INCOME>                                        525
<EPS-BASIC>                                      0.35
<EPS-DILUTED>                                      0.35
<YIELD-ACTUAL>                                     8.00
<LOANS-NON>                                       1,922
<LOANS-PAST>                                         60
<LOANS-TROUBLED>                                      0
<LOANS-PROBLEM>                                       0
<ALLOWANCE-OPEN>                                  1,002
<CHARGE-OFFS>                                       110
<RECOVERIES>                                          6
<ALLOWANCE-CLOSE>                                 1,063
<ALLOWANCE-DOMESTIC>                              1,063
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                               0



</TABLE>