<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANTS FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1997. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 2067 <INT-BEARING-DEPOSITS> 2015 <FED-FUNDS-SOLD> 1944 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 17 <INVESTMENTS-CARRYING> 7204 <INVESTMENTS-MARKET> 7056 <LOANS> 154951 <ALLOWANCE> 2362 <TOTAL-ASSETS> 179930 <DEPOSITS> 137003 <SHORT-TERM> 17209 <LIABILITIES-OTHER> 1919 <LONG-TERM> 8673 <PREFERRED-MANDATORY> 0 <PREFERRED> 15000 <COMMON> 11 <OTHER-SE> 115 <TOTAL-LIABILITIES-AND-EQUITY> 179930 <INTEREST-LOAN> 3149 <INTEREST-INVEST> 149 <INTEREST-OTHER> 73 <INTEREST-TOTAL> 3371 <INTEREST-DEPOSIT> 1758 <INTEREST-EXPENSE> 2159 <INTEREST-INCOME-NET> 1212 <LOAN-LOSSES> (22) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1819 <INCOME-PRETAX> 18 <INCOME-PRE-EXTRAORDINARY> 18 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18 <EPS-PRIMARY> (.36) <EPS-DILUTED> (.36) <YIELD-ACTUAL> 2.91 <LOANS-NON> 3179 <LOANS-PAST> 0 <LOANS-TROUBLED> 328 <LOANS-PROBLEM> 1799 <ALLOWANCE-OPEN> 2556 <CHARGE-OFFS> 172 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 2362 <ALLOWANCE-DOMESTIC> 2096 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 266