<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 5884000 <INT-BEARING-DEPOSITS> 1589000 <FED-FUNDS-SOLD> 14800000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 14341000 <INVESTMENTS-CARRYING> 30910000 <INVESTMENTS-MARKET> 31116000 <LOANS> 60801000 <ALLOWANCE> 641000 <TOTAL-ASSETS> 132000000 <DEPOSITS> 93925000 <SHORT-TERM> 5000000 <LIABILITIES-OTHER> 1187000 <LONG-TERM> 17939000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4718000 <OTHER-SE> 9231000 <TOTAL-LIABILITIES-AND-EQUITY> 132000000 <INTEREST-LOAN> 1558000 <INTEREST-INVEST> 748000 <INTEREST-OTHER> 104000 <INTEREST-TOTAL> 2410000 <INTEREST-DEPOSIT> 717000 <INTEREST-EXPENSE> 1069000 <INTEREST-INCOME-NET> 1341000 <LOAN-LOSSES> 51000 <SECURITIES-GAINS> 51000 <EXPENSE-OTHER> 776000 <INCOME-PRETAX> 673000 <INCOME-PRE-EXTRAORDINARY> 417000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 417000 <EPS-PRIMARY> 0.25 <EPS-DILUTED> 0.23 <YIELD-ACTUAL> 8.1 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 259000 <ALLOWANCE-OPEN> 578000 <CHARGE-OFFS> 0 <RECOVERIES> 12000 <ALLOWANCE-CLOSE> 641000 <ALLOWANCE-DOMESTIC> 225000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 416000