<ARTICLE> 9 <CIK> 0000885576 <NAME> TRIANGLE BANCORP INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1998 <PERIOD-START> JAN-01-1998 OCT-01-1998 <PERIOD-END> DEC-31-1998 DEC-31-1998 <CASH> 76,624 76,624 <INT-BEARING-DEPOSITS> 911 911 <FED-FUNDS-SOLD> 0 0 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 482,155 482,155 <INVESTMENTS-CARRYING> 81,138 81,138 <INVESTMENTS-MARKET> 82,790 82,790 <LOANS> 1,383,137 1,383,137 <ALLOWANCE> 19,584 19,584 <TOTAL-ASSETS> 2,123,084 2,123,084 <DEPOSITS> 1,625,898 1,625,898 <SHORT-TERM> 158,980 158,980 <LIABILITIES-OTHER> 9,392 9,392 <LONG-TERM> 19,952 19,952 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 86,549 86,549 <OTHER-SE> 76,478 76,478 <TOTAL-LIABILITIES-AND-EQUITY> 2,123,084 2,123,084 <INTEREST-LOAN> 121,640 30,594 <INTEREST-INVEST> 30,148 7,190 <INTEREST-OTHER> 1,540 125 <INTEREST-TOTAL> 153,328 37,909 <INTEREST-DEPOSIT> 64,751 15,432 <INTEREST-EXPENSE> 78,698 19,264 <INTEREST-INCOME-NET> 74,630 18,645 <LOAN-LOSSES> 5,115 1,286 <SECURITIES-GAINS> 1,671 752 <EXPENSE-OTHER> 54,896 12,556 <INCOME-PRETAX> 33,075 10,302 <INCOME-PRE-EXTRAORDINARY> 33,075 10,302 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 21,858 6,753 <EPS-PRIMARY> .87 .27 <EPS-DILUTED> .84 .26 <YIELD-ACTUAL> 0 0 <LOANS-NON> 4,945 4,945 <LOANS-PAST> 5,682 5,682 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 17,795 19,305 <CHARGE-OFFS> 3,905 1,158 <RECOVERIES> 577 154 <ALLOWANCE-CLOSE> 19,584 19,584 <ALLOWANCE-DOMESTIC> 19,584 19,584 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 0 0