<ARTICLE> 9
<LEGEND>

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JUNE 30,
2000 FORM 10-Q OF IOWA FIRST BANCSHARES CORP. AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                          12,169
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 5,900
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     68,531
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                        278,435
<ALLOWANCE>                                      3,190
<TOTAL-ASSETS>                                 371,469
<DEPOSITS>                                     263,401
<SHORT-TERM>                                     5,976
<LIABILITIES-OTHER>                              2,028
<LONG-TERM>                                     77,899
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           200
<OTHER-SE>                                      21,965
<TOTAL-LIABILITIES-AND-EQUITY>                 371,469
<INTEREST-LOAN>                                 11,239
<INTEREST-INVEST>                                1,952
<INTEREST-OTHER>                                   171
<INTEREST-TOTAL>                                13,362
<INTEREST-DEPOSIT>                               5,041
<INTEREST-EXPENSE>                               7,488
<INTEREST-INCOME-NET>                            5,874
<LOAN-LOSSES>                                      159
<SECURITIES-GAINS>                                   8
<EXPENSE-OTHER>                                  4,018
<INCOME-PRETAX>                                  2,785
<INCOME-PRE-EXTRAORDINARY>                       1,900
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,900
<EPS-BASIC>                                       1.24
<EPS-DILUTED>                                     1.24
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                    590,000
<LOANS-PAST>                                   295,000
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 3,091
<CHARGE-OFFS>                                       60
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                3,190
<ALLOWANCE-DOMESTIC>                             3,190
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0