<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF BEACH FIRST NATIONAL BANCSHARES, INC. FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 844,375 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 2,080,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 10,866,728 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 15,436,540 <ALLOWANCE> 169,878 <TOTAL-ASSETS> 31,585,659 <DEPOSITS> 24,628,372 <SHORT-TERM> 0 <LIABILITIES-OTHER> 308,920 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 735,868 <OTHER-SE> 5,912,499 <TOTAL-LIABILITIES-AND-EQUITY> 31,585,659 <INTEREST-LOAN> 621,850 <INTEREST-INVEST> 329,633 <INTEREST-OTHER> 48,768 <INTEREST-TOTAL> 1,000,251 <INTEREST-DEPOSIT> 489,219 <INTEREST-EXPENSE> 496,898 <INTEREST-INCOME-NET> 503,353 <LOAN-LOSSES> 65,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 614,249 <INCOME-PRETAX> (100,514) <INCOME-PRE-EXTRAORDINARY> (100,514) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (79,514) <EPS-PRIMARY> (.11) <EPS-DILUTED> (.11) <YIELD-ACTUAL> 7.68 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 169,502 <CHARGE-OFFS> 64,623 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 169,878 <ALLOWANCE-DOMESTIC> 169,878 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0