<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CAROLINA
COMMUNITY BANCSHARES, INC. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE
PERIOD ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                       1,024,004
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  5,867,772
<INVESTMENTS-CARRYING>                         862,507
<INVESTMENTS-MARKET>                           761,000                
<LOANS>                                     13,374,011                  
<ALLOWANCE>                                    193,193                    
<TOTAL-ASSETS>                              23,182,319                   
<DEPOSITS>                                  18,916,014                   
<SHORT-TERM>                                   400,000                
<LIABILITIES-OTHER>                            131,704                   
<LONG-TERM>                                          0          
<PREFERRED-MANDATORY>                                0          
<PREFERRED>                                          0          
<COMMON>                                       381,300               
<OTHER-SE>                                   3,353,301                  
<TOTAL-LIABILITIES-AND-EQUITY>              23,182,319                    
<INTEREST-LOAN>                                283,489                
<INTEREST-INVEST>                              102,608                
<INTEREST-OTHER>                                     0          
<INTEREST-TOTAL>                               386,097                
<INTEREST-DEPOSIT>                             160,428                
<INTEREST-EXPENSE>                             170,751                
<INTEREST-INCOME-NET>                          215,346                
<LOAN-LOSSES>                                   36,000               
<SECURITIES-GAINS>                                   0          
<EXPENSE-OTHER>                                245,048               
<INCOME-PRETAX>                                 (1,847)                
<INCOME-PRE-EXTRAORDINARY>                      (1,847)               
<EXTRAORDINARY>                                      0          
<CHANGES>                                            0          
<NET-INCOME>                                   (11,620)               
<EPS-PRIMARY>                                     (.03)                
<EPS-DILUTED>                                     (.03)             
<YIELD-ACTUAL>                                    4.37             
<LOANS-NON>                                          0          
<LOANS-PAST>                                     2,000             
<LOANS-TROUBLED>                                     0          
<LOANS-PROBLEM>                                      0          
<ALLOWANCE-OPEN>                               157,420               
<CHARGE-OFFS>                                      327            
<RECOVERIES>                                       100            
<ALLOWANCE-CLOSE>                              193,193               
<ALLOWANCE-DOMESTIC>                           190,193                
<ALLOWANCE-FOREIGN>                                  0          
<ALLOWANCE-UNALLOCATED>                          3,000