<ARTICLE> 5 <CIK> 0000824482 <NAME> HICKORY LENDERS, LTD. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 322,741 <SECURITIES> 0 <RECEIVABLES> 1,833,601 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,156,342 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,156,342 <TOTAL-LIABILITY-AND-EQUITY> 3,156,342 <SALES> 0 <TOTAL-REVENUES> 5,269 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 40,747 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (35,478) <INCOME-TAX> 0 <INCOME-CONTINUING> (35,478) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (35,478) <EPS-PRIMARY> (10.06) <EPS-DILUTED> (10.06)