<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 9,662 <INT-BEARING-DEPOSITS> 17,363 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 23,608 <INVESTMENTS-CARRYING> 17,594 <INVESTMENTS-MARKET> 17,516 <LOANS> 131,681 <ALLOWANCE> 1,802 <TOTAL-ASSETS> 207,554 <DEPOSITS> 182,555 <SHORT-TERM> 4,464 <LIABILITIES-OTHER> 2,249 <LONG-TERM> 2,295 <PREFERRED-MANDATORY> 16,019 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (28) <TOTAL-LIABILITIES-AND-EQUITY> 207,554 <INTEREST-LOAN> 3,188 <INTEREST-INVEST> 575 <INTEREST-OTHER> 203 <INTEREST-TOTAL> 3,966 <INTEREST-DEPOSIT> 1,511 <INTEREST-EXPENSE> 1,601 <INTEREST-INCOME-NET> 2,365 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,024 <INCOME-PRETAX> 888 <INCOME-PRE-EXTRAORDINARY> 596 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 596 <EPS-PRIMARY> .56 <EPS-DILUTED> .56 <YIELD-ACTUAL> 5.12 <LOANS-NON> 377 <LOANS-PAST> 6 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 145 <ALLOWANCE-OPEN> 1,795 <CHARGE-OFFS> 16 <RECOVERIES> 23 <ALLOWANCE-CLOSE> 1,802 <ALLOWANCE-DOMESTIC> 1,802 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 154