<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER
31, 1998 FORM 10-Q OF QUAD CITY HOLDINGS, INC. AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-END>                               DEC-31-1998
<CASH>                                          10,409
<INT-BEARING-DEPOSITS>                          12,046
<FED-FUNDS-SOLD>                                27,475
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     37,285
<INVESTMENTS-CARRYING>                           1,803
<INVESTMENTS-MARKET>                             1,803
<LOANS>                                        187,156
<ALLOWANCE>                                      2,629
<TOTAL-ASSETS>                                 285,783
<DEPOSITS>                                     231,409
<SHORT-TERM>                                     1,351
<LIABILITIES-OTHER>                              4,471
<LONG-TERM>                                     28,020
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,281
<OTHER-SE>                                      18,251
<TOTAL-LIABILITIES-AND-EQUITY>                 285,783
<INTEREST-LOAN>                                  7,631
<INTEREST-INVEST>                                1,012
<INTEREST-OTHER>                                 1,092
<INTEREST-TOTAL>                                 9,735
<INTEREST-DEPOSIT>                               4,492
<INTEREST-EXPENSE>                               5,411
<INTEREST-INCOME-NET>                            4,324
<LOAN-LOSSES>                                      426
<SECURITIES-GAINS>                                 366
<EXPENSE-OTHER>                                  4,678
<INCOME-PRETAX>                                  1,740
<INCOME-PRE-EXTRAORDINARY>                       1,058
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,058
<EPS-PRIMARY>                                      .46
<EPS-DILUTED>                                      .44
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                        989
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 2,350
<CHARGE-OFFS>                                      147
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                2,629
<ALLOWANCE-DOMESTIC>                             2,629
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0