<ARTICLE> 9
<LEGEND>
THIS FINANCIAL SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE SEPTEMBER 30, 1996 FORM 10-Q FOR QUAD CITIES HOLDINGS, INC., AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               SEP-30-1996
<CASH>                                           6,273
<INT-BEARING-DEPOSITS>                           5,555
<FED-FUNDS-SOLD>                                 6,615
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     31,515
<INVESTMENTS-CARRYING>                           3,033
<INVESTMENTS-MARKET>                             2,991
<LOANS>                                         67,244
<ALLOWANCE>                                      1,009
<TOTAL-ASSETS>                                 126,100
<DEPOSITS>                                     103,459
<SHORT-TERM>                                     6,898
<LIABILITIES-OTHER>                              3,665
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         1,438
<OTHER-SE>                                      10,638
<TOTAL-LIABILITIES-AND-EQUITY>                 126,100
<INTEREST-LOAN>                                  1,346
<INTEREST-INVEST>                                  521
<INTEREST-OTHER>                                   147
<INTEREST-TOTAL>                                 2,014
<INTEREST-DEPOSIT>                                 919
<INTEREST-EXPENSE>                               1,008
<INTEREST-INCOME-NET>                            1,006
<LOAN-LOSSES>                                      157
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  1,109
<INCOME-PRETAX>                                    259
<INCOME-PRE-EXTRAORDINARY>                         259
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       259
<EPS-PRIMARY>                                      .18
<EPS-DILUTED>                                      .18
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                   853
<CHARGE-OFFS>                                        1
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                1,009
<ALLOWANCE-DOMESTIC>                             1,009
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0