<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE HERITAGE COMMERCE CORP UNAUDITED FINANCIAL STATEMENTS AT JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 21,284,257 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 44,121,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 74,906,330 <INVESTMENTS-CARRYING> 28,181,991 <INVESTMENTS-MARKET> 28,522,252 <LOANS> 170,272,222 <ALLOWANCE> 2,883,814 <TOTAL-ASSETS> 349,674,000 <DEPOSITS> 323,650,540 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,019,464 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,446,581 <OTHER-SE> 1,000 <TOTAL-LIABILITIES-AND-EQUITY> 349,674,000 <INTEREST-LOAN> 7,756,000 <INTEREST-INVEST> 2,901,000 <INTEREST-OTHER> 621,000 <INTEREST-TOTAL> 11,278,000 <INTEREST-DEPOSIT> 0 <INTEREST-EXPENSE> 3,009,000 <INTEREST-INCOME-NET> 8,269,000 <LOAN-LOSSES> 510,000 <SECURITIES-GAINS> 117,000 <EXPENSE-OTHER> 6,430,000 <INCOME-PRETAX> 1,594,000 <INCOME-PRE-EXTRAORDINARY> 1,594,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 983,000 <EPS-PRIMARY> 0.28 <EPS-DILUTED> 0.26 <YIELD-ACTUAL> 8.71 <LOANS-NON> 34,437 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,540,000 <CHARGE-OFFS> 6,000 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 2,884,000 <ALLOWANCE-DOMESTIC> 2,150,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 734,000