<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,210 <INT-BEARING-DEPOSITS> 776 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 70,311 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 173,019 <ALLOWANCE> (1,227) <TOTAL-ASSETS> 255,105 <DEPOSITS> 162,122 <SHORT-TERM> 47,810 <LIABILITIES-OTHER> 6,067 <LONG-TERM> 7,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15 <OTHER-SE> 31,741 <TOTAL-LIABILITIES-AND-EQUITY> 255,105 <INTEREST-LOAN> 13,420 <INTEREST-INVEST> 4,981 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 18,401 <INTEREST-DEPOSIT> 7,749 <INTEREST-EXPENSE> 10,865 <INTEREST-INCOME-NET> 7,536 <LOAN-LOSSES> 515 <SECURITIES-GAINS> 11 <EXPENSE-OTHER> 6,109 <INCOME-PRETAX> 1,950 <INCOME-PRE-EXTRAORDINARY> 1,950 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,315 <EPS-PRIMARY> 1.17 <EPS-DILUTED> 1.17 <YIELD-ACTUAL> 7.45 <LOANS-NON> 567 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 857 <CHARGE-OFFS> 515 <RECOVERIES> 145 <ALLOWANCE-CLOSE> 1,227 <ALLOWANCE-DOMESTIC> 1,227 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0