<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM GREATER BAY BANCORP'S FILING ON FORM 8-K DATED JULY 1, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-START> JAN-01-1998 OCT-01-1997 <PERIOD-END> MAR-31-1998 DEC-31-1997 <CASH> 83,159 64,531 <INT-BEARING-DEPOSITS> 0 0 <FED-FUNDS-SOLD> 87,500 82,500 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 199,576 167,519 <INVESTMENTS-CARRYING> 52,110 58,943 <INVESTMENTS-MARKET> 52,817 59,650 <LOANS> 853,883 819,607 <ALLOWANCE> (18,298) (18,032) <TOTAL-ASSETS> 1,448,969 1,339,750 <DEPOSITS> 1,218,560 1,178,574 <SHORT-TERM> 0 0 <LIABILITIES-OTHER> 114,719 49,649 <LONG-TERM> 23,000 23,000 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 54,758 57,004 <OTHER-SE> 37,932 31,523 <TOTAL-LIABILITIES-AND-EQUITY> 1,448,969 1,339,750 <INTEREST-LOAN> 21,644 21,250 <INTEREST-INVEST> 3,912 5,139 <INTEREST-OTHER> 2,619 1,153 <INTEREST-TOTAL> 28,175 27,542 <INTEREST-DEPOSIT> 9,556 8,194 <INTEREST-EXPENSE> 11,255 10,429 <INTEREST-INCOME-NET> 18,619 17,113 <LOAN-LOSSES> 1,036 1,169 <SECURITIES-GAINS> 8 25 <EXPENSE-OTHER> 11,324 14,548 <INCOME-PRETAX> 6,680 3,608 <INCOME-PRE-EXTRAORDINARY> 6,680 3,608 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 4,454 2,301 <EPS-BASIC> 0.43 0.22 <EPS-DILUTED> 0.40 0.20 <YIELD-ACTUAL> 5.38 5.99 <LOANS-NON> 3,325 3,344 <LOANS-PAST> 108 158 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 18,032 16,281 <CHARGE-OFFS> (888) (839) <RECOVERIES> 118 21 <ALLOWANCE-CLOSE> 18,298 18,032 <ALLOWANCE-DOMESTIC> 18,298 18,032 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 0 0