<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SUSQUEHANNA BANCSHARES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CONDITION AT DECEMBER 31, 1998 AND THE CONSOLIDATED STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 105,263 <INT-BEARING-DEPOSITS> 17,926 <FED-FUNDS-SOLD> 58,089 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 873,086 <INVESTMENTS-CARRYING> 59,837 <INVESTMENTS-MARKET> 61,019 <LOANS> 2,773,550 <ALLOWANCE> 35,171 <TOTAL-ASSETS> 4,064,827 <DEPOSITS> 3,124,332 <SHORT-TERM> 137,601 <LIABILITIES-OTHER> 41,538 <LONG-TERM> 370,160 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 71,825 <OTHER-SE> 319,371 <TOTAL-LIABILITIES-AND-EQUITY> 4,064,827 <INTEREST-LOAN> 235,661 <INTEREST-INVEST> 53,104 <INTEREST-OTHER> 4,001 <INTEREST-TOTAL> 292,766 <INTEREST-DEPOSIT> 111,099 <INTEREST-EXPENSE> 138,576 <INTEREST-INCOME-NET> 154,190 <LOAN-LOSSES> 5,247 <SECURITIES-GAINS> 73 <EXPENSE-OTHER> 113,206 <INCOME-PRETAX> 66,658 <INCOME-PRE-EXTRAORDINARY> 66,658 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 45,574 <EPS-PRIMARY> 1.27 <EPS-DILUTED> 1.26 <YIELD-ACTUAL> 8.18 <LOANS-NON> 20,130 <LOANS-PAST> 10,420 <LOANS-TROUBLED> 1,201 <LOANS-PROBLEM> 36,608 <ALLOWANCE-OPEN> 35,508 <CHARGE-OFFS> 6,954 <RECOVERIES> 1,370 <ALLOWANCE-CLOSE> 35,171 <ALLOWANCE-DOMESTIC> 35,171 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0