<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION  EXTRACTED FROM 1ST BANCORP
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                                          0000840458
<NAME>                                         1ST BANCORP
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. DOLLARS
       
<S>                                          <C>                
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              JUN-30-1997
<PERIOD-START>                                 JUL-1-1997
<PERIOD-END>                                   SEP-30-1997
<EXCHANGE-RATE>                                1.000
<CASH>                                               476 
<INT-BEARING-DEPOSITS>                            19,982 
<FED-FUNDS-SOLD>                                       0 
<TRADING-ASSETS>                                       0 
<INVESTMENTS-HELD-FOR-SALE>                        6,687 
<INVESTMENTS-CARRYING>                            38,859 
<INVESTMENTS-MARKET>                              39,692 
<LOANS>                                          179,832 
<ALLOWANCE>                                        1,174 
<TOTAL-ASSETS>                                   260,935 
<DEPOSITS>                                       134,864 
<SHORT-TERM>                                           0       
<LIABILITIES-OTHER>                                3,250       
<LONG-TERM>                                      100,247       
<COMMON>                                               0       
<PREFERRED-MANDATORY>                                  0       
<PREFERRED>                                          692 
<OTHER-SE>                                        21,882 
<TOTAL-LIABILITIES-AND-EQUITY>                   260,935
<INTEREST-LOAN>                                    3,783 
<INTEREST-INVEST>                                    903 
<INTEREST-OTHER>                                     292 
<INTEREST-TOTAL>                                   4,978 
<INTEREST-DEPOSIT>                                 1,972 
<INTEREST-EXPENSE>                                 3,400 
<INTEREST-INCOME-NET>                              1,578 
<LOAN-LOSSES>                                         90 
<SECURITIES-GAINS>                                     6 
<EXPENSE-OTHER>                                    1,237 
<INCOME-PRETAX>                                      620 
<INCOME-PRE-EXTRAORDINARY>                           165 
<EXTRAORDINARY>                                        0 
<CHANGES>                                              0 
<NET-INCOME>                                         455 
<EPS-PRIMARY>                                       0.65 
<EPS-DILUTED>                                       0.65 
<YIELD-ACTUAL>                                      7.86
<LOANS-NON>                                        2,522 
<LOANS-PAST>                                         464 
<LOANS-TROUBLED>                                       0 
<LOANS-PROBLEM>                                    2,865 
<ALLOWANCE-OPEN>                                     896 
<CHARGE-OFFS>                                         75 
<RECOVERIES>                                           1 
<ALLOWANCE-CLOSE>                                  1,174 
<ALLOWANCE-DOMESTIC>                                 661 
<ALLOWANCE-FOREIGN>                                    0 
<ALLOWANCE-UNALLOCATED>                              513 
        


</TABLE>