PALMETTO BANCSHARES INC
10-Q, EX-27, 2000-08-14
STATE COMMERCIAL BANKS
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<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PALMETTO
BANCSHARES, INC. AND SUBSIDIARY CONSOLIDATED INCOME STATEMENTS AND CONSOLIDATED
BALANCE SHEETS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                          32,221
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 1,378
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    112,748
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                        469,039
<ALLOWANCE>                                    (5,957)
<TOTAL-ASSETS>                                 647,519
<DEPOSITS>                                     545,379
<SHORT-TERM>                                    51,143
<LIABILITIES-OTHER>                              1,966
<LONG-TERM>                                          0
                                0
                                          0
<COMMON>                                        31,220
<OTHER-SE>                                      17,542
<TOTAL-LIABILITIES-AND-EQUITY>                 647,519
<INTEREST-LOAN>                                 19,385
<INTEREST-INVEST>                                3,070
<INTEREST-OTHER>                                   203
<INTEREST-TOTAL>                                22,658
<INTEREST-DEPOSIT>                               8,371
<INTEREST-EXPENSE>                               9,392
<INTEREST-INCOME-NET>                           13,266
<LOAN-LOSSES>                                    2,135
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 10,931
<INCOME-PRETAX>                                  4,784
<INCOME-PRE-EXTRAORDINARY>                       3,436
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,436
<EPS-BASIC>                                       0.55
<EPS-DILUTED>                                     0.54
<YIELD-ACTUAL>                                    4.68
<LOANS-NON>                                      2,782
<LOANS-PAST>                                       147
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 6,362
<CHARGE-OFFS>                                  (1,657)
<RECOVERIES>                                        77
<ALLOWANCE-CLOSE>                                5,957
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0


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