<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-30-1996
<PERIOD-START>                                 JUL-1-1996
<PERIOD-END>                                   SEP-30-1996
<EXCHANGE-RATE>                                  1.000
<CASH>                                             438
<INT-BEARING-DEPOSITS>                          13,385
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     10,453
<INVESTMENTS-CARRYING>                          43,592
<INVESTMENTS-MARKET>                            42,460
<LOANS>                                        176,127
<ALLOWANCE>                                        903
<TOTAL-ASSETS>                                 257,960
<DEPOSITS>                                     134,006
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                              3,899
<LONG-TERM>                                     98,905
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        671
<OTHER-SE>                                      20,479
<TOTAL-LIABILITIES-AND-EQUITY>                 257,960
<INTEREST-LOAN>                                  3,595
<INTEREST-INVEST>                                  927
<INTEREST-OTHER>                                   187
<INTEREST-TOTAL>                                 4,709
<INTEREST-DEPOSIT>                               1,829
<INTEREST-EXPENSE>                               3,267
<INTEREST-INCOME-NET>                            1,442
<LOAN-LOSSES>                                       46
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  3,324
<INCOME-PRETAX>                                 (1,055)
<INCOME-PRE-EXTRAORDINARY>                        (631)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (631)
<EPS-PRIMARY>                                    (0.94)
<EPS-DILUTED>                                    (0.94)
<YIELD-ACTUAL>                                    7.53
<LOANS-NON>                                        690
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                    795
<ALLOWANCE-OPEN>                                   896
<CHARGE-OFFS>                                       40
<RECOVERIES>                                         1
<ALLOWANCE-CLOSE>                                  903
<ALLOWANCE-DOMESTIC>                               498
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            405
        



</TABLE>