<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 7,602 <INT-BEARING-DEPOSITS> 286 <FED-FUNDS-SOLD> 7,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 14,211 <INVESTMENTS-CARRYING> 17,993 <INVESTMENTS-MARKET> 17,976 <LOANS> 92,933 <ALLOWANCE> 998 <TOTAL-ASSETS> 144,330 <DEPOSITS> 130,359 <SHORT-TERM> 545 <LIABILITIES-OTHER> 1,077 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,385 <OTHER-SE> 1,964 <TOTAL-LIABILITIES-AND-EQUITY> 144,330 <INTEREST-LOAN> 2,353 <INTEREST-INVEST> 567 <INTEREST-OTHER> 78 <INTEREST-TOTAL> 2,998 <INTEREST-DEPOSIT> 1,047 <INTEREST-EXPENSE> 1,053 <INTEREST-INCOME-NET> 1,945 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,674 <INCOME-PRETAX> 546 <INCOME-PRE-EXTRAORDINARY> 546 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 323 <EPS-PRIMARY> .23 <EPS-DILUTED> .22 <YIELD-ACTUAL> 9.19 <LOANS-NON> 69 <LOANS-PAST> 544 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,007 <CHARGE-OFFS> 9 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 998 <ALLOWANCE-DOMESTIC> 864 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 134