<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED MARCH 31, 2000 OF MAHASKA INVESTMENT COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000741390 <NAME> MAHASKA INVESTMENT COMPANY <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 9,441 <INT-BEARING-DEPOSITS> 217 <FED-FUNDS-SOLD> 5,390 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 28,682 <INVESTMENTS-MARKET> 28,441 <LOANS> 290,734 <ALLOWANCE> (3,550) <TOTAL-ASSETS> 484,513 <DEPOSITS> 351,560 <SHORT-TERM> 79,354 <LIABILITIES-OTHER> 3,865 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 24,564 <OTHER-SE> 25,170 <TOTAL-LIABILITIES-AND-EQUITY> 484,513 <INTEREST-LOAN> 5,865 <INTEREST-INVEST> 1,488 <INTEREST-OTHER> 2,199 <INTEREST-TOTAL> 9,552 <INTEREST-DEPOSIT> 3,542 <INTEREST-EXPENSE> 4,949 <INTEREST-INCOME-NET> 4,603 <LOAN-LOSSES> 151 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,403 <INCOME-PRETAX> 1,685 <INCOME-PRE-EXTRAORDINARY> 1,685 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,113 <EPS-BASIC> 0.26 <EPS-DILUTED> 0.26 <YIELD-ACTUAL> 8.68 <LOANS-NON> 2,984 <LOANS-PAST> 617 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> (4,006) <CHARGE-OFFS> 714 <RECOVERIES> (107) <ALLOWANCE-CLOSE> (3,550) <ALLOWANCE-DOMESTIC> (3,550) <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> (3,550)