<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 8,787 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 17,343 <INVESTMENTS-CARRYING> 90,093 <INVESTMENTS-MARKET> 90,830 <LOANS> 216,114 <ALLOWANCE> (4,749) <TOTAL-ASSETS> 351,017 <DEPOSITS> 245,093 <SHORT-TERM> 29,804 <LIABILITIES-OTHER> 5,049 <LONG-TERM> 27,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,644 <OTHER-SE> 39,927 <TOTAL-LIABILITIES-AND-EQUITY> 351,017 <INTEREST-LOAN> 5,059 <INTEREST-INVEST> 1,854 <INTEREST-OTHER> 15 <INTEREST-TOTAL> 6,928 <INTEREST-DEPOSIT> 2,142 <INTEREST-EXPENSE> 2,832 <INTEREST-INCOME-NET> 4,096 <LOAN-LOSSES> 84 <SECURITIES-GAINS> 57 <EXPENSE-OTHER> 2,798 <INCOME-PRETAX> 2,396 <INCOME-PRE-EXTRAORDINARY> 2,396 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,624 <EPS-PRIMARY> 0.94 <EPS-DILUTED> 0.94 <YIELD-ACTUAL> 8.58 <LOANS-NON> 3,439 <LOANS-PAST> 1,103 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 4,743 <CHARGE-OFFS> 110 <RECOVERIES> 33 <ALLOWANCE-CLOSE> 84 <ALLOWANCE-DOMESTIC> 84 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,136