<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEPTEMBER 30, 2000 FORM 10-Q FOR IOWA FIRST BANCSHARES CORP. AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<CASH> 13,851
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 5,850
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 67,144
<INVESTMENTS-CARRYING> 0
<INVESTMENTS-MARKET> 0
<LOANS> 274,777
<ALLOWANCE> 3,252
<TOTAL-ASSETS> 371,412
<DEPOSITS> 266,177
<SHORT-TERM> 6,643
<LIABILITIES-OTHER> 2,134
<LONG-TERM> 74,092
0
0
<COMMON> 200
<OTHER-SE> 22,706
<TOTAL-LIABILITIES-AND-EQUITY> 371,412
<INTEREST-LOAN> 17,069
<INTEREST-INVEST> 2,963
<INTEREST-OTHER> 193
<INTEREST-TOTAL> 20,235
<INTEREST-DEPOSIT> 7,715
<INTEREST-EXPENSE> 11,555
<INTEREST-INCOME-NET> 8,680
<LOAN-LOSSES> 284
<SECURITIES-GAINS> 8
<EXPENSE-OTHER> 6,100
<INCOME-PRETAX> 3,927
<INCOME-PRE-EXTRAORDINARY> 2,702
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,702
<EPS-BASIC> 1.77
<EPS-DILUTED> 1.77
<YIELD-ACTUAL> 0
<LOANS-NON> 511
<LOANS-PAST> 469
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 3,091
<CHARGE-OFFS> 123
<RECOVERIES> 0
<ALLOWANCE-CLOSE> 3,252
<ALLOWANCE-DOMESTIC> 3,252
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>