<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 4,170 <INT-BEARING-DEPOSITS> 38,031 <FED-FUNDS-SOLD> 6,300 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 9,977 <INVESTMENTS-CARRYING> 12,720 <INVESTMENTS-MARKET> 12,659 <LOANS> 44,254 <ALLOWANCE> 739 <TOTAL-ASSETS> 70,269 <DEPOSITS> 61,322 <SHORT-TERM> 0 <LIABILITIES-OTHER> 734 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8,213 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 70,269 <INTEREST-LOAN> 916 <INTEREST-INVEST> 169 <INTEREST-OTHER> 116 <INTEREST-TOTAL> 1,201 <INTEREST-DEPOSIT> 311 <INTEREST-EXPENSE> 1 <INTEREST-INCOME-NET> 889 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 978 <INCOME-PRETAX> 11 <INCOME-PRE-EXTRAORDINARY> 11 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00 <YIELD-ACTUAL> 7.59 <LOANS-NON> 695 <LOANS-PAST> 1 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 747 <CHARGE-OFFS> 26 <RECOVERIES> 18 <ALLOWANCE-CLOSE> 739 <ALLOWANCE-DOMESTIC> 739 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 739