<ARTICLE> 9
<LEGEND>
This schedule contains financial informationextracted from the consolidated
financial statements of SouthBanc Shares, Inc. for the nine months ended June
30, 1999, and is qualified in its entirety by reference to such financial
statements.
</LEGEND>

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                              OCT-1-1998
<PERIOD-END>                               JUN-30-1999
<CASH>                                      $8,569,005
<INT-BEARING-DEPOSITS>                       8,369,320
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 85,792,468
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    236,646,021
<ALLOWANCE>                                (2,625,204)
<TOTAL-ASSETS>                             364,869,382
<DEPOSITS>                                 225,008,446
<SHORT-TERM>                                69,344,172
<LIABILITIES-OTHER>                          4,371,561
<LONG-TERM>                                 13,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    36,026,470
<OTHER-SE>                                  17,118,733
<TOTAL-LIABILITIES-AND-EQUITY>             364,869,382
<INTEREST-LOAN>                             14,139,772
<INTEREST-INVEST>                            5,441,898
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            19,581,670
<INTEREST-DEPOSIT>                           6,702,116
<INTEREST-EXPENSE>                          10,110,542
<INTEREST-INCOME-NET>                        9,471,128
<LOAN-LOSSES>                                  330,000
<SECURITIES-GAINS>                             126,418
<EXPENSE-OTHER>                              6,632,107
<INCOME-PRETAX>                              6,880,846
<INCOME-PRE-EXTRAORDINARY>                   6,880,846
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 4,623,389
<EPS-BASIC>                                       1.34
<EPS-DILUTED>                                     1.26
<YIELD-ACTUAL>                                    7.52
<LOANS-NON>                                  1,911,690
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                               437,200
<LOANS-PROBLEM>                                147,310
<ALLOWANCE-OPEN>                             2,507,049
<CHARGE-OFFS>                                  116,243
<RECOVERIES>                                    37,405
<ALLOWANCE-CLOSE>                            2,625,205
<ALLOWANCE-DOMESTIC>                           147,310
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                      2,477,895