<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 8065300 <INT-BEARING-DEPOSITS> 695000 <FED-FUNDS-SOLD> 20500000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1186500 <INVESTMENTS-CARRYING> 6573000 <INVESTMENTS-MARKET> 5983900 <LOANS> 49770700 <ALLOWANCE> 688100 <TOTAL-ASSETS> 89704400 <DEPOSITS> 85382000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 371300 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8080000 <OTHER-SE> (4127100) <TOTAL-LIABILITIES-AND-EQUITY> 89704400 <INTEREST-LOAN> 1071200 <INTEREST-INVEST> 297400 <INTEREST-OTHER> 7800 <INTEREST-TOTAL> 1376400 <INTEREST-DEPOSIT> 295600 <INTEREST-EXPENSE> 295600 <INTEREST-INCOME-NET> 1080800 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1169400 <INCOME-PRETAX> (21500) <INCOME-PRE-EXTRAORDINARY> (21500) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (21500) <EPS-PRIMARY> (0.02) <EPS-DILUTED> (0.02) <YIELD-ACTUAL> 6.10 <LOANS-NON> 843000 <LOANS-PAST> 332000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 720000 <CHARGE-OFFS> 38000 <RECOVERIES> 6000 <ALLOWANCE-CLOSE> 688000 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0