<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE SHEET STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 2ND QUARTER 10-Q. </LEGEND> <CIK> 0000945901 <NAME> ROCKFORD INDUSTRIES, INC. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 12,023,296 <SECURITIES> 0 <RECEIVABLES> 36,259,586 <ALLOWANCES> 1,065,000 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 3,269,797 <DEPRECIATION> 983,000 <TOTAL-ASSETS> 129,420,549 <CURRENT-LIABILITIES> 108,110,259 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,575,000 <COMMON> 14,032,491 <OTHER-SE> 5,702,799 <TOTAL-LIABILITY-AND-EQUITY> 129,420,549 <SALES> 4,555,720 <TOTAL-REVENUES> 9,110,397 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,027,862 <LOSS-PROVISION> 1,468,615 <INTEREST-EXPENSE> 1,145,267 <INCOME-PRETAX> 2,468,653 <INCOME-TAX> 987,461 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,481,192 <EPS-PRIMARY> .34 <EPS-DILUTED> .34