<ARTICLE> 9 <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> JUN-30-1995 <PERIOD-TYPE> 6-MOS <CASH> 3,050 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 5,705 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 6,255 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 57,168 <ALLOWANCE> 2,083 <TOTAL-ASSETS> 84,577 <DEPOSITS> 80,818 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,741 <LONG-TERM> 1,458 <COMMON> 20 <PREFERRED-MANDATORY> 0 <PREFERRED> 10,090 <OTHER-SE> (9,530) <TOTAL-LIABILITIES-AND-EQUITY> 84,577 <INTEREST-LOAN> 2,562 <INTEREST-INVEST> 288 <INTEREST-OTHER> 124 <INTEREST-TOTAL> 2,974 <INTEREST-DEPOSIT> 1,517 <INTEREST-EXPENSE> 1,617 <INTEREST-INCOME-NET> 1,357 <LOAN-LOSSES> 350 <SECURITIES-GAINS> (1) <EXPENSE-OTHER> 2,448 <INCOME-PRETAX> (709) <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (709) <EPS-PRIMARY> (.21) <EPS-DILUTED> 0 <YIELD-ACTUAL> 3.70 <LOANS-NON> 6,170 <LOANS-PAST> 2,067 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,637 <CHARGE-OFFS> 1,246 <RECOVERIES> 342 <ALLOWANCE-CLOSE> 2,083 <ALLOWANCE-DOMESTIC> 2,083 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0