<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 25,933 <INT-BEARING-DEPOSITS> 50 <FED-FUNDS-SOLD> 36,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 74,682 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 0 <ALLOWANCE> 0 <TOTAL-ASSETS> 334,604 <DEPOSITS> 308,221 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,644 <LONG-TERM> 2,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,147 <OTHER-SE> 7,242 <TOTAL-LIABILITIES-AND-EQUITY> 334,604 <INTEREST-LOAN> 4,770 <INTEREST-INVEST> 928 <INTEREST-OTHER> 573 <INTEREST-TOTAL> 6,271 <INTEREST-DEPOSIT> 1,664 <INTEREST-EXPENSE> 1,723 <INTEREST-INCOME-NET> 4,548 <LOAN-LOSSES> 300 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,167 <INCOME-PRETAX> 784 <INCOME-PRE-EXTRAORDINARY> 784 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 470 <EPS-PRIMARY> .16 <EPS-DILUTED> .16 <YIELD-ACTUAL> 5.71 <LOANS-NON> 15,144 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 6,907 <ALLOWANCE-OPEN> 6,542 <CHARGE-OFFS> 253 <RECOVERIES> 148 <ALLOWANCE-CLOSE> 6,736 <ALLOWANCE-DOMESTIC> 6,736 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 5,746