WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
Exhibit 27
Mahaska Investment Company and Subsidiaries
Article 9 of Regulation S-X
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
QUARTERLY REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED JUNE 30, 2000
OF MAHASKA INVESTMENT COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000741390
<NAME> MAHASKA INVESTMENT COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<CASH> 9,324
<INT-BEARING-DEPOSITS> 1,063
<FED-FUNDS-SOLD> 1,620
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 0
<INVESTMENTS-CARRYING> 27,641
<INVESTMENTS-MARKET> 27,465
<LOANS> 305,249
<ALLOWANCE> (3,616)
<TOTAL-ASSETS> 494,243
<DEPOSITS> 349,097
<SHORT-TERM> 93,286
<LIABILITIES-OTHER> 4,363
<LONG-TERM> 0
<COMMON> 24,564
0
0
<OTHER-SE> 22,933
<TOTAL-LIABILITIES-AND-EQUITY> 494,243
<INTEREST-LOAN> 12,035
<INTEREST-INVEST> 3,013
<INTEREST-OTHER> 4,094
<INTEREST-TOTAL> 19,142
<INTEREST-DEPOSIT> 7,271
<INTEREST-EXPENSE> 10,127
<INTEREST-INCOME-NET> 9,015
<LOAN-LOSSES> 421
<SECURITIES-GAINS> (17)
<EXPENSE-OTHER> 6,701
<INCOME-PRETAX> 3,151
<INCOME-PRE-EXTRAORDINARY> 3,151
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,084
<EPS-BASIC> 0.50
<EPS-DILUTED> 0.50
<YIELD-ACTUAL> 8.59
<LOANS-NON> 2,887
<LOANS-PAST> 1,709
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> (4,006)
<CHARGE-OFFS> 1,009
<RECOVERIES> (198)
<ALLOWANCE-CLOSE> (3,616)
<ALLOWANCE-DOMESTIC> (3,616)
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> (3,616)
</TABLE>
