<ARTICLE> 9 <LEGEND> Extracted from (A) Consolidated Statements of Financial Condition Mar 31, 1997 Consolidated Statements of Operations Mar 31, 1997 Reference to (B) Quarterly report form 10-Q Mar 31, 1997 </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 21,353 <INT-BEARING-DEPOSITS> 10,570 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 84,468 <INVESTMENTS-CARRYING> 19,863 <INVESTMENTS-MARKET> 19,670 <LOANS> 392,091 <ALLOWANCE> 3,331 <TOTAL-ASSETS> 552,372 <DEPOSITS> 323,232 <SHORT-TERM> 104,967 <LIABILITIES-OTHER> 12,338 <LONG-TERM> 59,022 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 46 <OTHER-SE> 52,767 <TOTAL-LIABILITIES-AND-EQUITY> 552,372 <INTEREST-LOAN> 8,587 <INTEREST-INVEST> 1,924 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 10,511 <INTEREST-DEPOSIT> 2,690 <INTEREST-EXPENSE> 4,838 <INTEREST-INCOME-NET> 5,673 <LOAN-LOSSES> 163 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,249 <INCOME-PRETAX> 3,139 <INCOME-PRE-EXTRAORDINARY> 1,986 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,986 <EPS-PRIMARY> 0.44 <EPS-DILUTED> 0.44 <YIELD-ACTUAL> 4.62 <LOANS-NON> 632 <LOANS-PAST> 723 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,284 <CHARGE-OFFS> 152 <RECOVERIES> 36 <ALLOWANCE-CLOSE> 3,331 <ALLOWANCE-DOMESTIC> 3,331 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0