<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
FINANCIAL STATEMENTS OF BEACH FIRST NATIONAL FOR THE NINE MONTHS ENDED SEPTEMBER
30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL 
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                         867,852
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                             2,470,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                      13,573,643
<INVESTMENTS-MARKET>                                 0
<LOANS>                                     16,978,930
<ALLOWANCE>                                    198,079
<TOTAL-ASSETS>                              36,139,171
<DEPOSITS>                                  29,167,981
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            366,238
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       735,868
<OTHER-SE>                                   5,869,084
<TOTAL-LIABILITIES-AND-EQUITY>               6,604,952
<INTEREST-LOAN>                                996,363
<INTEREST-INVEST>                              510,132
<INTEREST-OTHER>                               105,397
<INTEREST-TOTAL>                             1,611,892
<INTEREST-DEPOSIT>                             797,297
<INTEREST-EXPENSE>                             808,334
<INTEREST-INCOME-NET>                          803,558
<LOAN-LOSSES>                                   92,500
<SECURITIES-GAINS>                              10,729
<EXPENSE-OTHER>                                984,004
<INCOME-PRETAX>                               (159,250)
<INCOME-PRE-EXTRAORDINARY>                    (159,250)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (127,930)
<EPS-PRIMARY>                                     (.17)
<EPS-DILUTED>                                     (.17)
<YIELD-ACTUAL>                                    7.76
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               169,502
<CHARGE-OFFS>                                   64,623
<RECOVERIES>                                       700
<ALLOWANCE-CLOSE>                              198,079
<ALLOWANCE-DOMESTIC>                           198,079
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0