<ARTICLE> 9 <CIK> 0000710507 <NAME> First Banks, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-mos <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-START> Jan-01-1997 <PERIOD-END> Jun-30-1997 <CASH> 111,701 <INT-BEARING-DEPOSITS> 3,646 <FED-FUNDS-SOLD> 133,900 <TRADING-ASSETS> 2,298 <INVESTMENTS-HELD-FOR-SALE> 530,598 <INVESTMENTS-CARRYING> 19,597 <INVESTMENTS-MARKET> 0 <LOANS> 2,859,918 <ALLOWANCE> (47,708) <TOTAL-ASSETS> 3,794,020 <DEPOSITS> 3,348,380 <SHORT-TERM> 53,216 <LIABILITIES-OTHER> 48,098 <LONG-TERM> 83,130 <PREFERRED-MANDATORY> 0 <PREFERRED> 60,375 <COMMON> 5,915 <OTHER-SE> 194,906 <TOTAL-LIABILITIES-AND-EQUITY> 3,794,020 <INTEREST-LOAN> 123,097 <INTEREST-INVEST> 16,480 <INTEREST-OTHER> 2,502 <INTEREST-TOTAL> 142,079 <INTEREST-DEPOSIT> 65,741 <INTEREST-EXPENSE> 73,373 <INTEREST-INCOME-NET> 68,706 <LOAN-LOSSES> 6,025 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 49,556 <INCOME-PRETAX> 24,041 <INCOME-PRE-EXTRAORDINARY> 24,041 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 15,699 <EPS-PRIMARY> 558.33 <EPS-DILUTED> 534.61 <YIELD-ACTUAL> 8.33 <LOANS-NON> 27,217 <LOANS-PAST> 6,127 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 28,915 <ALLOWANCE-OPEN> 46,781 <CHARGE-OFFS> 10,648 <RECOVERIES> 5,550 <ALLOWANCE-CLOSE> 47,708 <ALLOWANCE-DOMESTIC> 47,708 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0