<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-END> Jun-30-1999 <CASH> 7,460 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 32,355 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,364 <INVESTMENTS-CARRYING> 4,364 <INVESTMENTS-MARKET> 4,358 <LOANS> 56,763 <ALLOWANCE> 1,800 <TOTAL-ASSETS> 104,771 <DEPOSITS> 95,880 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,210 <LONG-TERM> 2,246 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,303 <COMMON> 179 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 104,771 <INTEREST-LOAN> 3,842 <INTEREST-INVEST> 113 <INTEREST-OTHER> 724 <INTEREST-TOTAL> 4,679 <INTEREST-DEPOSIT> 848 <INTEREST-EXPENSE> 105 <INTEREST-INCOME-NET> 3,726 <LOAN-LOSSES> 425 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,888 <INCOME-PRETAX> (523) <INCOME-PRE-EXTRAORDINARY> (523) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (523) <EPS-BASIC> ($2.92) <EPS-DILUTED> 0 <YIELD-ACTUAL> 3.46 <LOANS-NON> 835 <LOANS-PAST> 539 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 2,975 <ALLOWANCE-OPEN> 1,800 <CHARGE-OFFS> 779 <RECOVERIES> 354 <ALLOWANCE-CLOSE> 1,800 <ALLOWANCE-DOMESTIC> 1,800 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0