<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF MOBILE AMERICA CORPORATION'S 1999 10-K REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <DEBT-HELD-FOR-SALE> 30,961,617 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 1,606,128 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 41,601,029 <CASH> 1,178,791 <RECOVER-REINSURE> 12,314,049 <DEFERRED-ACQUISITION> (598,592) <TOTAL-ASSETS> 90,156,404 <POLICY-LOSSES> 26,024,918 <UNEARNED-PREMIUMS> 18,376,039 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 1,550,109 <NOTES-PAYABLE> 7,200,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 198,610 <OTHER-SE> 24,232,695 <TOTAL-LIABILITY-AND-EQUITY> 90,156,404 <PREMIUMS> 29,721,119 <INVESTMENT-INCOME> 3,447,583 <INVESTMENT-GAINS> 23,414 <OTHER-INCOME> 4,955,126 <BENEFITS> 27,606,722 <UNDERWRITING-AMORTIZATION> 6,794,514 <UNDERWRITING-OTHER> 20,108,471 <INCOME-PRETAX> (16,362,465) <INCOME-TAX> (6,477,798) <INCOME-CONTINUING> (9,884,667) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,884,667) <EPS-BASIC> (1.35) <EPS-DILUTED> (1.35) <RESERVE-OPEN> 11,400,131 <PROVISION-CURRENT> 23,620,251 <PROVISION-PRIOR> 3,945,636 <PAYMENTS-CURRENT> 14,836,176 <PAYMENTS-PRIOR> 11,829,963 <RESERVE-CLOSE> 12,299,879 <CUMULATIVE-DEFICIENCY> 3,945,636