<ARTICLE>               9
<LEGEND>  This schedule contains summary financial information extracted
from the unaudited consolidated financial statements of Chemical Financial
Corporation and subsidiaries for the period ended June 30, 1995 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>            1,000
       
                                
<PERIOD-TYPE>                              6-MOS
<FISCAL-YEAR-END>                    DEC-31-1995
<PERIOD-START>                       JAN-01-1995
<PERIOD-END>                         JUN-30-1995
<CASH>                                    73,226
<INT-BEARING-DEPOSITS>                     2,974
<FED-FUNDS-SOLD>                          62,850
<TRADING-ASSETS>                               0
<INVESTMENTS-HELD-FOR-SALE>              333,706
<INVESTMENTS-CARRYING>                   360,217
<INVESTMENTS-MARKET>                     363,818
<LOANS>                                  713,063
<ALLOWANCE>                               15,551
<TOTAL-ASSETS>                         1,577,343
<DEPOSITS>                             1,338,176
<SHORT-TERM>                              38,085
<LIABILITIES-OTHER>                       14,178
<LONG-TERM>                               12,098
<COMMON>                                  91,625
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<OTHER-SE>                                83,181
<TOTAL-LIABILITIES-AND-EQUITY>         1,577,343
<INTEREST-LOAN>                           31,021
<INTEREST-INVEST>                         18,543
<INTEREST-OTHER>                           2,192
<INTEREST-TOTAL>                          51,756
<INTEREST-DEPOSIT>                        20,200
<INTEREST-EXPENSE>                        21,400
<INTEREST-INCOME-NET>                     30,356
<LOAN-LOSSES>                                490
<SECURITIES-GAINS>                            (1)
<EXPENSE-OTHER>                           22,652
<INCOME-PRETAX>                           13,135
<INCOME-PRE-EXTRAORDINARY>                13,135
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                               8,892
<EPS-PRIMARY>                               0.96
<EPS-DILUTED>                               0.96
<YIELD-ACTUAL>                              4.21
<LOANS-NON>                                3,132
<LOANS-PAST>                                 489
<LOANS-TROUBLED>                             116
<LOANS-PROBLEM>                                0
<ALLOWANCE-OPEN>                          15,095
<CHARGE-OFFS>                                130
<RECOVERIES>                                  96
<ALLOWANCE-CLOSE>                         15,551
<ALLOWANCE-DOMESTIC>                      13,996
<ALLOWANCE-FOREIGN>                            0
<ALLOWANCE-UNALLOCATED>                    1,555