<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ISLANDS
BANCORP'S UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED DECEMBER 31, 1999
AND 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>

                                                   
<PERIOD-TYPE>                   YEAR                     YEAR
<FISCAL-YEAR-END>                          DEC-31-1999              DEC-31-1998
<PERIOD-END>                               DEC-31-1999              DEC-31-1998
<CASH>                                          24,061                    4,750
<INT-BEARING-DEPOSITS>                               0                        0
<FED-FUNDS-SOLD>                                     0                        0
<TRADING-ASSETS>                                     0                        0
<INVESTMENTS-HELD-FOR-SALE>                          0                        0
<INVESTMENTS-CARRYING>                               0                        0
<INVESTMENTS-MARKET>                                 0                        0
<LOANS>                                              0                        0
<ALLOWANCE>                                          0                        0
<TOTAL-ASSETS>                                 100,234                    4,750
<DEPOSITS>                                           0                        0
<SHORT-TERM>                                   230,524                   10,000
<LIABILITIES-OTHER>                             21,607                        0
<LONG-TERM>                                     16,858                        0
<PREFERRED-MANDATORY>                                0                        0
<PREFERRED>                                          0                        0
<COMMON>                                         5,500                        0
<OTHER-SE>                                    (174,255)                  (5,250)
<TOTAL-LIABILITIES-AND-EQUITY>                 100,234                    4,750
<INTEREST-LOAN>                                      0                        0
<INTEREST-INVEST>                                    0                      882
<INTEREST-OTHER>                                     0                        0
<INTEREST-TOTAL>                                     0                      882
<INTEREST-DEPOSIT>                                   0                        0
<INTEREST-EXPENSE>                               1,387                        0
<INTEREST-INCOME-NET>                           (1,387)                       0
<LOAN-LOSSES>                                        0                        0
<SECURITIES-GAINS>                                   0                        0
<EXPENSE-OTHER>                                167,618                    5,250
<INCOME-PRETAX>                               (169,005)                  (5,250)
<INCOME-PRE-EXTRAORDINARY>                    (169,005)                  (5,250)
<EXTRAORDINARY>                                      0                        0
<CHANGES>                                            0                        0
<NET-INCOME>                                  (169,005)                  (5,250)
<EPS-BASIC>                                    (307.28)                       0
<EPS-DILUTED>                                        0                        0
<YIELD-ACTUAL>                                       0                        0
<LOANS-NON>                                          0                        0
<LOANS-PAST>                                         0                        0
<LOANS-TROUBLED>                                     0                        0
<LOANS-PROBLEM>                                      0                        0
<ALLOWANCE-OPEN>                                     0                        0
<CHARGE-OFFS>                                        0                        0
<RECOVERIES>                                         0                        0
<ALLOWANCE-CLOSE>                                    0                        0
<ALLOWANCE-DOMESTIC>                                 0                        0
<ALLOWANCE-FOREIGN>                                  0                        0
<ALLOWANCE-UNALLOCATED>                              0                        0