<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 2133 <INT-BEARING-DEPOSITS> 5153 <FED-FUNDS-SOLD> 8550 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 26606 <INVESTMENTS-CARRYING> 8723 <INVESTMENTS-MARKET> 8794 <LOANS> 46926 <ALLOWANCE> 957 <TOTAL-ASSETS> 101841 <DEPOSITS> 91003 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1140 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 575 <OTHER-SE> 9123 <TOTAL-LIABILITIES-AND-EQUITY> 101841 <INTEREST-LOAN> 1094 <INTEREST-INVEST> 505 <INTEREST-OTHER> 204 <INTEREST-TOTAL> 1803 <INTEREST-DEPOSIT> 1022 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 781 <LOAN-LOSSES> 30 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 519 <INCOME-PRETAX> 381 <INCOME-PRE-EXTRAORDINARY> 381 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 261 <EPS-PRIMARY> 2.27 <EPS-DILUTED> 2.27 <YIELD-ACTUAL> 3.29 <LOANS-NON> 0 <LOANS-PAST> 111 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 937 <CHARGE-OFFS> 20 <RECOVERIES> 9 <ALLOWANCE-CLOSE> 957 <ALLOWANCE-DOMESTIC> 957 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0