<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM 10-Q OF FIRST BELL BANCORP, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 2,218 <INT-BEARING-DEPOSITS> 26,663 <FED-FUNDS-SOLD> 825 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 60,356 <INVESTMENTS-CARRYING> 9,971 <INVESTMENTS-MARKET> 10,417 <LOANS> 566,634 <ALLOWANCE> 715 <TOTAL-ASSETS> 681,215 <DEPOSITS> 506,469 <SHORT-TERM> 86,000 <LIABILITIES-OTHER> 523,453 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 86 <OTHER-SE> 71,676 <TOTAL-LIABILITIES-AND-EQUITY> 681,215 <INTEREST-LOAN> 30,880 <INTEREST-INVEST> 6,326 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 37,206 <INTEREST-DEPOSIT> 20,007 <INTEREST-EXPENSE> 24,485 <INTEREST-INCOME-NET> 12,721 <LOAN-LOSSES> 50 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,731 <INCOME-PRETAX> 9,598 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,756 <EPS-PRIMARY> .89 <EPS-DILUTED> .89 <YIELD-ACTUAL> 2.43 <LOANS-NON> 540 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 715 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 715 <ALLOWANCE-DOMESTIC> 715 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0