<ARTICLE> 9
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END>               DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH>                          1,406
<INT-BEARING-DEPOSITS>          0
<FED-FUNDS-SOLD>                9,140
<TRADING-ASSETS>                0
<INVESTMENTS-HELD-FOR-SALE>     5,580
<INVESTMENTS-CARRYING>          0
<INVESTMENTS-MARKET>            0
<LOANS>                         54,683
<ALLOWANCE>                     1,849
<TOTAL-ASSETS>                  80,019
<DEPOSITS>                      75,904
<SHORT-TERM>                    0
<LIABILITIES-OTHER>             2,066
<LONG-TERM>                     1,310
<COMMON>                        19
<PREFERRED-MANDATORY>           0
<PREFERRED>                     12,320
<OTHER-SE>                      (11,600)
<TOTAL-LIABILITIES-AND-EQUITY>  80,019
<INTEREST-LOAN>                 1,237
<INTEREST-INVEST>               95
<INTEREST-OTHER>                82
<INTEREST-TOTAL>                1,414
<INTEREST-DEPOSIT>              809
<INTEREST-EXPENSE>              875
<INTEREST-INCOME-NET>           539
<LOAN-LOSSES>                   40
<SECURITIES-GAINS>              16
<EXPENSE-OTHER>                 1,031
<INCOME-PRETAX>                 (54)
<INCOME-PRE-EXTRAORDINARY>      (54)
<EXTRAORDINARY>                 0
<CHANGES>                       0
<NET-INCOME>                    (54)
<EPS-PRIMARY>                   (.20)
<EPS-DILUTED>                   0
<YIELD-ACTUAL>                  3.27
<LOANS-NON>                     4,318
<LOANS-PAST>                    4,594
<LOANS-TROUBLED>                0
<LOANS-PROBLEM>                 0
<ALLOWANCE-OPEN>                2,070
<CHARGE-OFFS>                   297
<RECOVERIES>                    36
<ALLOWANCE-CLOSE>               1,849
<ALLOWANCE-DOMESTIC>            1,849
<ALLOWANCE-FOREIGN>             0
<ALLOWANCE-UNALLOCATED>         0