<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 20,036 <INT-BEARING-DEPOSITS> 557 <FED-FUNDS-SOLD> 9,825 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 127,099 <INVESTMENTS-CARRYING> 3,369 <INVESTMENTS-MARKET> 3,491 <LOANS> 347,107 <ALLOWANCE> 2,756 <TOTAL-ASSETS> 534,563 <DEPOSITS> 447,181 <SHORT-TERM> 35,350 <LIABILITIES-OTHER> 4,282 <LONG-TERM> 6,950 <COMMON> 3,802 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,100 <OTHER-SE> 33,898 <TOTAL-LIABILITIES-AND-EQUITY> 534,563 <INTEREST-LOAN> 7,197 <INTEREST-INVEST> 1,859 <INTEREST-OTHER> 36 <INTEREST-TOTAL> 9,092 <INTEREST-DEPOSIT> 3,905 <INTEREST-EXPENSE> 4,531 <INTEREST-INCOME-NET> 4,561 <LOAN-LOSSES> 100 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,781 <INCOME-PRETAX> 1,954 <INCOME-PRE-EXTRAORDINARY> 1,954 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,265 <EPS-PRIMARY> 1.26 <EPS-DILUTED> 1.18 <YIELD-ACTUAL> 3.96 <LOANS-NON> 1,223 <LOANS-PAST> 399 <LOANS-TROUBLED> 444 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,684 <CHARGE-OFFS> 40 <RECOVERIES> 12 <ALLOWANCE-CLOSE> 2,756 <ALLOWANCE-DOMESTIC> 2,756 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 201