<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> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-START> JAN-01-1998 JAN-01-1997 <PERIOD-END> DEC-31-1998 DEC-31-1997 <CASH> 69,583 64,631 <INT-BEARING-DEPOSITS> 0 0 <FED-FUNDS-SOLD> 62,800 82,500 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 257,258 167,519 <INVESTMENTS-CARRYING> 94,599 58,943 <INVESTMENTS-MARKET> 94,890 59,609 <LOANS> 1,092,603 819,607 <ALLOWANCE> (23,379) (18,032) <TOTAL-ASSETS> 1,738,189 1,339,750 <DEPOSITS> 1,478,947 1,178,574 <SHORT-TERM> 0 0 <LIABILITIES-OTHER> 99,201 49,648 <LONG-TERM> 53,000 23,000 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 62,179 57,005 <OTHER-SE> 44,862 31,523 <TOTAL-LIABILITIES-AND-EQUITY> 1,738,189 1,339,750 <INTEREST-LOAN> 93,915 78,278 <INTEREST-INVEST> 20,075 10,323 <INTEREST-OTHER> 10,808 9,660 <INTEREST-TOTAL> 124,798 98,261 <INTEREST-DEPOSIT> 43,004 33,565 <INTEREST-EXPENSE> 51,180 37,012 <INTEREST-INCOME-NET> 73,618 61,249 <LOAN-LOSSES> 6,235 7,026 <SECURITIES-GAINS> 374 (5) <EXPENSE-OTHER> 49,098 42,125 <INCOME-PRETAX> 28,005 21,156 <INCOME-PRE-EXTRAORDINARY> 28,005 21,156 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 18,943 13,424 <EPS-BASIC> 1.74 1.29 <EPS-DILUTED> 1.63 1.19 <YIELD-ACTUAL> 5.10 5.67 <LOANS-NON> 2,003 3,344 <LOANS-PAST> 0 158 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 18,032 11,629 <CHARGE-OFFS> (1,496) (2,074) <RECOVERIES> 425 100 <ALLOWANCE-CLOSE> 23,379 18,032 <ALLOWANCE-DOMESTIC> 23,379 18,032 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 0 0