<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 3,277 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 3,190 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 6,833 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 59,218 <ALLOWANCE> 2,347 <TOTAL-ASSETS> 85,736 <DEPOSITS> 81,234 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,798 <LONG-TERM> 1,458 <COMMON> 20 <PREFERRED-MANDATORY> 0 <PREFERRED> 9,960 <OTHER-SE> (8,734) <TOTAL-LIABILITIES-AND-EQUITY> 85,736 <INTEREST-LOAN> 1,284 <INTEREST-INVEST> 198 <INTEREST-OTHER> 57 <INTEREST-TOTAL> 1,539 <INTEREST-DEPOSIT> 718 <INTEREST-EXPENSE> 768 <INTEREST-INCOME-NET> 771 <LOAN-LOSSES> 75 <SECURITIES-GAINS> (1) <EXPENSE-OTHER> 1,159 <INCOME-PRETAX> (138) <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (138) <EPS-PRIMARY> (.21) <EPS-DILUTED> 0 <YIELD-ACTUAL> 4.15 <LOANS-NON> 6,772 <LOANS-PAST> 7,561 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,637 <CHARGE-OFFS> 553 <RECOVERIES> 188 <ALLOWANCE-CLOSE> 2,347 <ALLOWANCE-DOMESTIC> 2,347 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0