<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 353 <INT-BEARING-DEPOSITS> 2,864 <FED-FUNDS-SOLD> 3,800 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 9,195 <INVESTMENTS-CARRYING> 1,599 <INVESTMENTS-MARKET> 1,599 <LOANS> 40,444 <ALLOWANCE> 564 <TOTAL-ASSETS> 58,488 <DEPOSITS> 47,741 <SHORT-TERM> 0 <LIABILITIES-OTHER> 531 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,815 <OTHER-SE> (599) <TOTAL-LIABILITIES-AND-EQUITY> 58,488 <INTEREST-LOAN> 881 <INTEREST-INVEST> 240 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,121 <INTEREST-DEPOSIT> 642 <INTEREST-EXPENSE> 642 <INTEREST-INCOME-NET> 479 <LOAN-LOSSES> 97 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 330 <INCOME-PRETAX> 73 <INCOME-PRE-EXTRAORDINARY> 73 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 73 <EPS-PRIMARY> 0.06 <EPS-DILUTED> 0.06 <YIELD-ACTUAL> 3.67 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 9 <ALLOWANCE-OPEN> 467 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 564 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 564