<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE FINANCIAL
STATEMENTS OF STATE OF FRANKLIN BANCSHARES, INC. FOR THE NINE MONTHS ENDED
SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                       3,127,041
<INT-BEARING-DEPOSITS>                         253,403
<FED-FUNDS-SOLD>                             1,364,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 21,345,240
<INVESTMENTS-CARRYING>                      12,988,280
<INVESTMENTS-MARKET>                        12,489,616
<LOANS>                                    106,576,081
<ALLOWANCE>                                   (818,380)
<TOTAL-ASSETS>                             152,282,865
<DEPOSITS>                                 130,034,843
<SHORT-TERM>                                    48,000
<LIABILITIES-OTHER>                          9,818,163
<LONG-TERM>                                    591,782
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,190,427
<OTHER-SE>                                  10,599,650
<TOTAL-LIABILITIES-AND-EQUITY>             152,282,865
<INTEREST-LOAN>                              5,834,611
<INTEREST-INVEST>                            1,627,143
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             7,461,764
<INTEREST-DEPOSIT>                           4,074,962
<INTEREST-EXPENSE>                           4,442,827
<INTEREST-INCOME-NET>                        3,018,927
<LOAN-LOSSES>                                  189,506
<SECURITIES-GAINS>                              12,724
<EXPENSE-OTHER>                              2,229,901
<INCOME-PRETAX>                              1,005,998
<INCOME-PRE-EXTRAORDINARY>                   1,005,998
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   647,205
<EPS-BASIC>                                       0.58
<EPS-DILUTED>                                     0.57
<YIELD-ACTUAL>                                    3.10
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               630,324
<CHARGE-OFFS>                                    1,450
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              818,380
<ALLOWANCE-DOMESTIC>                           818,380
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0