<ARTICLE> 9 <LEGEND> CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION SEP 30, 1997 CONSOLIDATED STATEMENTS OF OPERATIONS SEP 30, 1997 QUARTERLY REPORT FORM 10-Q SEP 30, 1997 </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 26,972 <INT-BEARING-DEPOSITS> 3,875 <FED-FUNDS-SOLD> 325 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 86,438 <INVESTMENTS-CARRYING> 16,251 <INVESTMENTS-MARKET> 16,384 <LOANS> 415,677 <ALLOWANCE> 3,481 <TOTAL-ASSETS> 573,868 <DEPOSITS> 347,080 <SHORT-TERM> 68,378 <LIABILITIES-OTHER> 13,642 <LONG-TERM> 87,538 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 69 <OTHER-SE> 57,283 <TOTAL-LIABILITIES-AND-EQUITY> 573,968 <INTEREST-LOAN> 26,868 <INTEREST-INVEST> 5,835 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 32,703 <INTEREST-DEPOSIT> 8,266 <INTEREST-EXPENSE> 14,869 <INTEREST-INCOME-NET> 17,834 <LOAN-LOSSES> 561 <SECURITIES-GAINS> 20 <EXPENSE-OTHER> 12,873 <INCOME-PRETAX> 10,427 <INCOME-PRE-EXTRAORDINARY> 6,598 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,598 <EPS-PRIMARY> .97 <EPS-DILUTED> .97 <YIELD-ACTUAL> 4.63 <LOANS-NON> 596 <LOANS-PAST> 710 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,284 <CHARGE-OFFS> 479 <RECOVERIES> 115 <ALLOWANCE-CLOSE> 3,481 <ALLOWANCE-DOMESTIC> 3,481 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0