<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 6,808 <INT-BEARING-DEPOSITS> 99 <FED-FUNDS-SOLD> 10,555 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 19,621 <INVESTMENTS-CARRYING> 13,491 <INVESTMENTS-MARKET> 13,620 <LOANS> 59,476 <ALLOWANCE> 1,198 <TOTAL-ASSETS> 112,068 <DEPOSITS> 101,246 <SHORT-TERM> 0 <LIABILITIES-OTHER> 745 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 800 <OTHER-SE> 9,277 <TOTAL-LIABILITIES-AND-EQUITY> 112,068 <INTEREST-LOAN> 1,359 <INTEREST-INVEST> 508 <INTEREST-OTHER> 142 <INTEREST-TOTAL> 2,009 <INTEREST-DEPOSIT> 804 <INTEREST-EXPENSE> 804 <INTEREST-INCOME-NET> 1,205 <LOAN-LOSSES> 9 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 884 <INCOME-PRETAX> 450 <INCOME-PRE-EXTRAORDINARY> 334 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 334 <EPS-PRIMARY> 2.09 <EPS-DILUTED> 2.09 <YIELD-ACTUAL> 7.76 <LOANS-NON> 651 <LOANS-PAST> 61 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 228 <ALLOWANCE-OPEN> 1,190 <CHARGE-OFFS> 14 <RECOVERIES> 13 <ALLOWANCE-CLOSE> 1,198 <ALLOWANCE-DOMESTIC> 1,198 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0