<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS, RELATED NOTES AND MANAGEMENT'S DISCUSSION AND ANALYSIS CONTAINED IN THE REPORT ON FORM 10-Q FILED BY HERITAGE COMMERCE CORP FOR THE THREE MONTHS ENDED MARCH 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 27,696 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 52,200 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 69,042 <INVESTMENTS-CARRYING> 27,757 <INVESTMENTS-MARKET> 28,147 <LOANS> 142,988 <ALLOWANCE> 2,540 <TOTAL-ASSETS> 328,976 <DEPOSITS> 304,165 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,986 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,447 <OTHER-SE> (621) <TOTAL-LIABILITIES-AND-EQUITY> 328,976 <INTEREST-LOAN> 3,550 <INTEREST-INVEST> 1,405 <INTEREST-OTHER> 217 <INTEREST-TOTAL> 5,172 <INTEREST-DEPOSIT> 1,342 <INTEREST-EXPENSE> 1,342 <INTEREST-INCOME-NET> 3,830 <LOAN-LOSSES> 160 <SECURITIES-GAINS> 18 <EXPENSE-OTHER> 3,018 <INCOME-PRETAX> 731 <INCOME-PRE-EXTRAORDINARY> 731 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 453 <EPS-PRIMARY> .14 <EPS-DILUTED> .12 <YIELD-ACTUAL> 6.49 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,285 <CHARGE-OFFS> 0 <RECOVERIES> 95 <ALLOWANCE-CLOSE> 2,540 <ALLOWANCE-DOMESTIC> 1,725 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 815