<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
This schedule contains summary financial data extracted from the financial
statements of State of Franklin Bankshares, Inc. for the six months ended June
30, 2000 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 6,391,688
<INT-BEARING-DEPOSITS> 212,730
<FED-FUNDS-SOLD> 2,333,000
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 22,334,258
<INVESTMENTS-CARRYING> 13,988,847
<INVESTMENTS-MARKET> 13,212,971
<LOANS> 125,602,523
<ALLOWANCE> (896,796)
<TOTAL-ASSETS> 179,181,015
<DEPOSITS> 142,137,939
<SHORT-TERM> 13,960,000
<LIABILITIES-OTHER> 578,129
<LONG-TERM> 6,797,786
0
0
<COMMON> 1,465,512
<OTHER-SE> 14,241,649
<TOTAL-LIABILITIES-AND-EQUITY> 179,181,015
<INTEREST-LOAN> 5,115,908
<INTEREST-INVEST> 1,263,541
<INTEREST-OTHER> 0
<INTEREST-TOTAL> 6,379,449
<INTEREST-DEPOSIT> 3,367,778
<INTEREST-EXPENSE> 3,824,027
<INTEREST-INCOME-NET> 2,555,422
<LOAN-LOSSES> 125,175
<SECURITIES-GAINS> 0
<EXPENSE-OTHER> 1,652,766
<INCOME-PRETAX> 1,061,084
<INCOME-PRE-EXTRAORDINARY> 1,061,084
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 703,431
<EPS-BASIC> .540
<EPS-DILUTED> .530
<YIELD-ACTUAL> .031
<LOANS-NON> 0
<LOANS-PAST> 11,000
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 810,303
<CHARGE-OFFS> 38,682
<RECOVERIES> 0
<ALLOWANCE-CLOSE> 896,796
<ALLOWANCE-DOMESTIC> 896,796
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>