<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FIRST QUARTER 1998 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 1,861 <INT-BEARING-DEPOSITS> 20,730 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 55,755 <INVESTMENTS-MARKET> 55,880 <LOANS> 106,811 <ALLOWANCE> 1,188 <TOTAL-ASSETS> 197,271 <DEPOSITS> 147,849 <SHORT-TERM> 16,325 <LIABILITIES-OTHER> 2,981 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 28,002 <OTHER-SE> 2,114 <TOTAL-LIABILITIES-AND-EQUITY> 197,271 <INTEREST-LOAN> 1,953 <INTEREST-INVEST> 647 <INTEREST-OTHER> 215 <INTEREST-TOTAL> 2,815 <INTEREST-DEPOSIT> 1,240 <INTEREST-EXPENSE> 1,443 <INTEREST-INCOME-NET> 1,372 <LOAN-LOSSES> 45 <SECURITIES-GAINS> (6) <EXPENSE-OTHER> 1,049 <INCOME-PRETAX> 790 <INCOME-PRE-EXTRAORDINARY> 790 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 495 <EPS-PRIMARY> .40 <EPS-DILUTED> .40 <YIELD-ACTUAL> 2.99 <LOANS-NON> 4 <LOANS-PAST> 281 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 173 <ALLOWANCE-OPEN> 846 <CHARGE-OFFS> 5 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,188 <ALLOWANCE-DOMESTIC> 1,188 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0