<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>                                  6-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 OCT-1-1996
<PERIOD-END>                                   DEC-31-1996
<EXCHANGE-RATE>                                 1.000
<CASH>                                           $449
<INT-BEARING-DEPOSITS>                          9,563
<FED-FUNDS-SOLD>                                    0
<TRADING-ASSETS>                                    0
<INVESTMENTS-HELD-FOR-SALE>                     8,672
<INVESTMENTS-CARRYING>                         46,080
<INVESTMENTS-MARKET>                           45,529
<LOANS>                                       182,206
<ALLOWANCE>                                       944
<TOTAL-ASSETS>                                261,711
<DEPOSITS>                                    134,879
<SHORT-TERM>                                    4,020
<LIABILITIES-OTHER>                             3,011
<LONG-TERM>                                    98,422
<COMMON>                                          664
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<OTHER-SE>                                     20,715    
<TOTAL-LIABILITIES-AND-EQUITY>                261,711   
<INTEREST-LOAN>                                                       7,346
<INTEREST-INVEST>                                                     1,856
<INTEREST-OTHER>                                                        315
<INTEREST-TOTAL>                                                      9,517
<INTEREST-DEPOSIT>                                                    3,706
<INTEREST-EXPENSE>                                                    6,551  
<INTEREST-INCOME-NET>                                                 2,966
<LOAN-LOSSES>                                                            86
<SECURITIES-GAINS>                                                        2
<EXPENSE-OTHER>                                                       4,998
<INCOME-PRETAX>                                                        (437) 
<INCOME-PRE-EXTRAORDINARY>                                             (255)   
<EXTRAORDINARY>                                                           0
<CHANGES>                                                                 0
<NET-INCOME>                                                           (255)
<EPS-PRIMARY>                                                        ($0.37)    
<EPS-DILUTED>                                                        ($0.37)      
<YIELD-ACTUAL>                                                         7.60
<LOANS-NON>                                                           1,635
<LOANS-PAST>                                                              0
<LOANS-TROUBLED>                                                          0
<LOANS-PROBLEM>                                                       1,767
<ALLOWANCE-OPEN>                                                        896      
<CHARGE-OFFS>                                                            44
<RECOVERIES>                                                              6
<ALLOWANCE-CLOSE>                                                       944
<ALLOWANCE-DOMESTIC>                                                    492
<ALLOWANCE-FOREIGN>                                                       0
<ALLOWANCE-UNALLOCATED>                                                 452 
                                                                          
                                                                        

</TABLE>