<ARTICLE> 9 <CIK> 0000877834 <NAME> CENIT BANCORP, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 17,554 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 12,908 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 138,298 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 473,074 <ALLOWANCE> 3,860 <TOTAL-ASSETS> 674,213 <DEPOSITS> 464,618 <SHORT-TERM> 140,233 <LIABILITIES-OTHER> 3,097 <LONG-TERM> 15,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48 <OTHER-SE> 51,217 <TOTAL-LIABILITIES-AND-EQUITY> 51,265 <INTEREST-LOAN> 36,506 <INTEREST-INVEST> 5,770 <INTEREST-OTHER> 1,036 <INTEREST-TOTAL> 43,312 <INTEREST-DEPOSIT> 16,737 <INTEREST-EXPENSE> 21,980 <INTEREST-INCOME-NET> 21,332 <LOAN-LOSSES> 98 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 18,899 <INCOME-PRETAX> 9,467 <INCOME-PRE-EXTRAORDINARY> 6,059 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,059 <EPS-BASIC> 1.32 <EPS-DILUTED> 1.30 <YIELD-ACTUAL> 3.60 <LOANS-NON> 292 <LOANS-PAST> 87 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,243 <ALLOWANCE-OPEN> 4,024 <CHARGE-OFFS> 358 <RECOVERIES> 96 <ALLOWANCE-CLOSE> 3,860 <ALLOWANCE-DOMESTIC> 2,778 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,082