<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MARCH 31, 1998 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 16,403 <INT-BEARING-DEPOSITS> 3,787 <FED-FUNDS-SOLD> 11,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 102,190 <INVESTMENTS-CARRYING> 17,025 <INVESTMENTS-MARKET> 17,465 <LOANS> 140,929 <ALLOWANCE> 3,576 <TOTAL-ASSETS> 296,154 <DEPOSITS> 252,053 <SHORT-TERM> 0 <LIABILITIES-OTHER> 10,850 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 775 <OTHER-SE> 32,476 <TOTAL-LIABILITIES-AND-EQUITY> 296,154 <INTEREST-LOAN> 3,249 <INTEREST-INVEST> 1,714 <INTEREST-OTHER> 300 <INTEREST-TOTAL> 5,263 <INTEREST-DEPOSIT> 2,206 <INTEREST-EXPENSE> 2,324 <INTEREST-INCOME-NET> 2,939 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,575 <INCOME-PRETAX> 1,967 <INCOME-PRE-EXTRAORDINARY> 1,348 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,348 <EPS-PRIMARY> 4.81 <EPS-DILUTED> 4.81 <YIELD-ACTUAL> 4.45 <LOANS-NON> 361 <LOANS-PAST> 897 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 71 <ALLOWANCE-OPEN> 3,603 <CHARGE-OFFS> 57 <RECOVERIES> 30 <ALLOWANCE-CLOSE> 3,576 <ALLOWANCE-DOMESTIC> 3,576 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0