<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MOBILE AMERICA CORP. FOR THE SIX MONTHS ENDED JUNE 30,
1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<DEBT-HELD-FOR-SALE>                        33,223,418
<DEBT-CARRYING-VALUE>                       62,119,752
<DEBT-MARKET-VALUE>                         61,555,036
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                  356,970
<TOTAL-INVEST>                             106,943,795
<CASH>                                      (2,691,223)
<RECOVER-REINSURE>                          29,637,917
<DEFERRED-ACQUISITION>                      (1,998,895)
<TOTAL-ASSETS>                             166,292,685
<POLICY-LOSSES>                             49,187,938
<UNEARNED-PREMIUMS>                         37,801,378
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                             12,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       168,010
<OTHER-SE>                                  31,969,699
<TOTAL-LIABILITY-AND-EQUITY>               166,292,685
<PREMIUMS>                                  19,102,365
<INVESTMENT-INCOME>                          3,309,685
<INVESTMENT-GAINS>                             222,494
<OTHER-INCOME>                               6,075,704
<BENEFITS>                                  14,074,895
<UNDERWRITING-AMORTIZATION>                  2,438,610
<UNDERWRITING-OTHER>                         7,257,348
<INCOME-PRETAX>                              4,939,395
<INCOME-TAX>                                 1,468,658
<INCOME-CONTINUING>                          3,470,737
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,470,737
<EPS-PRIMARY>                                      .55
<EPS-DILUTED>                                      .55
<RESERVE-OPEN>                              20,808,027
<PROVISION-CURRENT>                         14,649,969
<PROVISION-PRIOR>                             (586,000)
<PAYMENTS-CURRENT>                           4,732,412
<PAYMENTS-PRIOR>                            10,589,563
<RESERVE-CLOSE>                             19,550,021
<CUMULATIVE-DEFICIENCY>                              0