<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEPTEMBER 30, 2000 FORM 10-Q FOR IOWA FIRST BANCSHARES CORP. AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               SEP-30-2000
<CASH>                                          13,851
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 5,850
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     67,144
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                        274,777
<ALLOWANCE>                                      3,252
<TOTAL-ASSETS>                                 371,412
<DEPOSITS>                                     266,177
<SHORT-TERM>                                     6,643
<LIABILITIES-OTHER>                              2,134
<LONG-TERM>                                     74,092
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           200
<OTHER-SE>                                      22,706
<TOTAL-LIABILITIES-AND-EQUITY>                 371,412
<INTEREST-LOAN>                                 17,069
<INTEREST-INVEST>                                2,963
<INTEREST-OTHER>                                   193
<INTEREST-TOTAL>                                20,235
<INTEREST-DEPOSIT>                               7,715
<INTEREST-EXPENSE>                              11,555
<INTEREST-INCOME-NET>                            8,680
<LOAN-LOSSES>                                      284
<SECURITIES-GAINS>                                   8
<EXPENSE-OTHER>                                  6,100
<INCOME-PRETAX>                                  3,927
<INCOME-PRE-EXTRAORDINARY>                       2,702
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,702
<EPS-BASIC>                                       1.77
<EPS-DILUTED>                                     1.77
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                        511
<LOANS-PAST>                                       469
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 3,091
<CHARGE-OFFS>                                      123
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                3,252
<ALLOWANCE-DOMESTIC>                             3,252
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0