<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SEPTEMBER
30, 1996 CAPITAL HOLDINGS, INC. FORM 10-Q AND SEPTEMBER 30, 1996 CAPITAL BANK,
N.A. CALL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                      14,801,613
<INT-BEARING-DEPOSITS>                     411,502,915
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                157,956,741
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    354,774,471
<ALLOWANCE>                                  5,642,377
<TOTAL-ASSETS>                             534,071,881
<DEPOSITS>                                 450,357,148
<SHORT-TERM>                                39,829,330
<LIABILITIES-OTHER>                          5,264,972
<LONG-TERM>                                          0
<COMMON>                                       942,025
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  37,678,406
<TOTAL-LIABILITIES-AND-EQUITY>             534,071,881
<INTEREST-LOAN>                             21,995,899
<INTEREST-INVEST>                            7,044,914
<INTEREST-OTHER>                                75,353
<INTEREST-TOTAL>                            29,116,166
<INTEREST-DEPOSIT>                          14,946,819
<INTEREST-EXPENSE>                          16,378,764
<INTEREST-INCOME-NET>                       12,737,402
<LOAN-LOSSES>                                  680,000
<SECURITIES-GAINS>                            (55,433)
<EXPENSE-OTHER>                              6,489,947
<INCOME-PRETAX>                              6,222,232
<INCOME-PRE-EXTRAORDINARY>                   6,222,232
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 4,246,232
<EPS-PRIMARY>                                     2.19
<EPS-DILUTED>                                     2.19
<YIELD-ACTUAL>                                    3.57
<LOANS-NON>                                    225,849
<LOANS-PAST>                                    14,191
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             4,960,000
<CHARGE-OFFS>                                        0
<RECOVERIES>                                     2,377
<ALLOWANCE-CLOSE>                            5,642,377
<ALLOWANCE-DOMESTIC>                         4,816,698
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        825,679
        

</TABLE>