<ARTICLE> 9 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 12,138 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 10,690 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 46,645 <INVESTMENTS-CARRYING> 19,088 <INVESTMENTS-MARKET> 19,614 <LOANS> 215,422 <ALLOWANCE> 4,733 <TOTAL-ASSETS> 320,634 <DEPOSITS> 286,413 <SHORT-TERM> 0 <LIABILITIES-OTHER> 3,383 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,070 <OTHER-SE> 15,768 <TOTAL-LIABILITIES-AND-EQUITY> 320,634 <INTEREST-LOAN> 5,059 <INTEREST-INVEST> 921 <INTEREST-OTHER> 175 <INTEREST-TOTAL> 6,155 <INTEREST-DEPOSIT> 2,469 <INTEREST-EXPENSE> 2,469 <INTEREST-INCOME-NET> 3,686 <LOAN-LOSSES> 75 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,167 <INCOME-PRETAX> 1,508 <INCOME-PRE-EXTRAORDINARY> 1,508 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,005 <EPS-PRIMARY> 0.33 <EPS-DILUTED> 0.33 <YIELD-ACTUAL> 5.32 <LOANS-NON> 1,707 <LOANS-PAST> 0 <LOANS-TROUBLED> 493 <LOANS-PROBLEM> 2,900 <ALLOWANCE-OPEN> 4,587 <CHARGE-OFFS> 152 <RECOVERIES> 223 <ALLOWANCE-CLOSE> 4,733 <ALLOWANCE-DOMESTIC> 4,038 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 695