<ARTICLE> 9 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 12,243 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 15,400 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 54,296 <INVESTMENTS-CARRYING> 23,160 <INVESTMENTS-MARKET> 23,537 <LOANS> 225,171 <ALLOWANCE> 4,777 <TOTAL-ASSETS> 345,205 <DEPOSITS> 307,297 <SHORT-TERM> 0 <LIABILITIES-OTHER> 4,260 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,082 <OTHER-SE> 18,566 <TOTAL-LIABILITIES-AND-EQUITY> 345,205 <INTEREST-LOAN> 5,287 <INTEREST-INVEST> 1,211 <INTEREST-OTHER> 180 <INTEREST-TOTAL> 6,678 <INTEREST-DEPOSIT> 2,533 <INTEREST-EXPENSE> 2,533 <INTEREST-INCOME-NET> 4,145 <LOAN-LOSSES> 75 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,485 <INCOME-PRETAX> 1,650 <INCOME-PRE-EXTRAORDINARY> 1,650 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,126 <EPS-PRIMARY> 0.37 <EPS-DILUTED> 0.36 <YIELD-ACTUAL> 5.56 <LOANS-NON> 1,376 <LOANS-PAST> 0 <LOANS-TROUBLED> 294 <LOANS-PROBLEM> 1,250 <ALLOWANCE-OPEN> 4,726 <CHARGE-OFFS> 214 <RECOVERIES> 190 <ALLOWANCE-CLOSE> 4,777 <ALLOWANCE-DOMESTIC> 3,837 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 940