<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 12557 <INT-BEARING-DEPOSITS> 184725 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 75400 <INVESTMENTS-CARRYING> 3234 <INVESTMENTS-MARKET> 0 <LOANS> 187567 <ALLOWANCE> 2414 <TOTAL-ASSETS> 283988 <DEPOSITS> 220536 <SHORT-TERM> 15560 <LIABILITIES-OTHER> 4918 <LONG-TERM> 0 <PREFERRED-MANDATORY> 12828 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 30146 <TOTAL-LIABILITIES-AND-EQUITY> 283988 <INTEREST-LOAN> 16234 <INTEREST-INVEST> 4527 <INTEREST-OTHER> 62 <INTEREST-TOTAL> 20823 <INTEREST-DEPOSIT> 7674 <INTEREST-EXPENSE> 643 <INTEREST-INCOME-NET> 12506 <LOAN-LOSSES> 220 <SECURITIES-GAINS> 4656 <EXPENSE-OTHER> 7384 <INCOME-PRETAX> 10742 <INCOME-PRE-EXTRAORDINARY> 10742 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7751 <EPS-PRIMARY> 3.03 <EPS-DILUTED> 3.01 <YIELD-ACTUAL> 0 <LOANS-NON> 552 <LOANS-PAST> 409 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2413 <CHARGE-OFFS> 327 <RECOVERIES> 108 <ALLOWANCE-CLOSE> 2414 <ALLOWANCE-DOMESTIC> 2414 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0