<ARTICLE> 9
<LEGEND>
THIS LEGEND CONTAINS SUMMARY INFORMATION  EXTRACTED FROM THE FORM 10-QSB FOR THE
QUARTER  ENDED  SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>          0001061234
<NAME> MIDLAND CAPITAL HOLDINGS CORPORATION
<MULTIPLIER> 1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-END>                               SEP-30-1998
<CASH>                                       2,507,628
<INT-BEARING-DEPOSITS>                      29,900,197
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  1,276,563
<INVESTMENTS-CARRYING>                      40,321,407
<INVESTMENTS-MARKET>                        40,885,741
<LOANS>                                     43,088,654
<ALLOWANCE>                                    394,354
<TOTAL-ASSETS>                             120,825,331
<DEPOSITS>                                 110,676,132
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,205,140
<LONG-TERM>                                          0
<COMMON>                                         3,640
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   8,940,419
<TOTAL-LIABILITIES-AND-EQUITY>             120,825,331
<INTEREST-LOAN>                                799,127
<INTEREST-INVEST>                            1,051,298
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,850,425
<INTEREST-DEPOSIT>                           1,059,775
<INTEREST-EXPENSE>                           1,059,775
<INTEREST-INCOME-NET>                          790,650
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                920,753
<INCOME-PRETAX>                                216,011
<INCOME-PRE-EXTRAORDINARY>                     216,011
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   142,557
<EPS-PRIMARY>                                     0.39
<EPS-DILUTED>                                     0.39
<YIELD-ACTUAL>                                    2.80
<LOANS-NON>                                    553,889
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               393,884
<CHARGE-OFFS>                                        0
<RECOVERIES>                                       470
<ALLOWANCE-CLOSE>                              394,354
<ALLOWANCE-DOMESTIC>                           233,706
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        160,648