<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS OF GAINSCO, INC. AND SUBSIDIARIES AS OF DECEMBER 31,
1999, AND THE RELATED CONSOLIDATED STATEMENTS OF OPERATIONS, SHAREHOLDERS'
EQUITY AND COMPREHENSIVE INCOME AND CASH FLOWS FOR THE YEAR ENDING DECEMBER 31,
1999 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-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<DEBT-HELD-FOR-SALE>                       195,221,067
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                   9,276,896
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                             246,224,071
<CASH>                                       1,032,252
<RECOVER-REINSURE>                           6,958,083
<DEFERRED-ACQUISITION>                      14,932,900
<TOTAL-ASSETS>                             407,892,774
<POLICY-LOSSES>                            135,750,278
<UNEARNED-PREMIUMS>                         85,450,224
<POLICY-OTHER>                               7,222,251
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                             17,000,000
                                0
                                  3,162,000
<COMMON>                                     2,182,501
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>               138,091,145
                                  75,563,923
<INVESTMENT-INCOME>                          6,510,929
<INVESTMENT-GAINS>                         (1,781,340)
<OTHER-INCOME>                               1,042,455
<BENEFITS>                                  58,418,311
<UNDERWRITING-AMORTIZATION>                      7,527
<UNDERWRITING-OTHER>                         8,136,361
<INCOME-PRETAX>                            (2,593,514)
<INCOME-TAX>                               (1,355,380)
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,238,134)
<EPS-BASIC>                                     (0.08)
<EPS-DILUTED>                                   (0.08)
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0


</TABLE>



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