<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from the Company's consolidated statements of income and consolidated balance sheets and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 3,761 <INT-BEARING-DEPOSITS> 100 <FED-FUNDS-SOLD> 3,678 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,256 <INVESTMENTS-CARRYING> 8,283 <INVESTMENTS-MARKET> 8,207 <LOANS> 48,717 <ALLOWANCE> 969 <TOTAL-ASSETS> 69,021 <DEPOSITS> 60,473 <SHORT-TERM> 0 <LIABILITIES-OTHER> 392 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,606 <OTHER-SE> 5,450 <TOTAL-LIABILITIES-AND-EQUITY> 69,021 <INTEREST-LOAN> 2,995 <INTEREST-INVEST> 384 <INTEREST-OTHER> 304 <INTEREST-TOTAL> 3,683 <INTEREST-DEPOSIT> 837 <INTEREST-EXPENSE> 837 <INTEREST-INCOME-NET> 2,846 <LOAN-LOSSES> 165 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,354 <INCOME-PRETAX> (420) <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> (422) <CHANGES> 0 <NET-INCOME> (422) <EPS-PRIMARY> (0.21) <EPS-DILUTED> (0.21) <YIELD-ACTUAL> 6.1 <LOANS-NON> 2,470 <LOANS-PAST> 1,459 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,088 <CHARGE-OFFS> 552 <RECOVERIES> 268 <ALLOWANCE-CLOSE> 969 <ALLOWANCE-DOMESTIC> 969 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 969