<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 367 <INT-BEARING-DEPOSITS> 255 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 12,665 <INVESTMENTS-MARKET> 12,642 <LOANS> 9,892 <ALLOWANCE> 133 <TOTAL-ASSETS> 23,726 <DEPOSITS> 12,850 <SHORT-TERM> 300 <LIABILITIES-OTHER> 158 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,815 <OTHER-SE> (397) <TOTAL-LIABILITIES-AND-EQUITY> 23,726 <INTEREST-LOAN> 107 <INTEREST-INVEST> 246 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 353 <INTEREST-DEPOSIT> 138 <INTEREST-EXPENSE> 138 <INTEREST-INCOME-NET> 215 <LOAN-LOSSES> 133 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 411 <INCOME-PRETAX> (328) <INCOME-PRE-EXTRAORDINARY> (328) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (328) <EPS-PRIMARY> (0.29) <EPS-DILUTED> (0.29) <YIELD-ACTUAL> 4.03 <LOANS-NON> 9 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 133 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 133