<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 32,311 <INT-BEARING-DEPOSITS> 5,108 <FED-FUNDS-SOLD> 19,535 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 109,227 <INVESTMENTS-CARRYING> 92,340 <INVESTMENTS-MARKET> 93,511 <LOANS> 364,489 <ALLOWANCE> 5,962 <TOTAL-ASSETS> 649,425 <DEPOSITS> 556,752 <SHORT-TERM> 5,124 <LIABILITIES-OTHER> 8,516 <LONG-TERM> 23,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,504 <COMMON> 596 <OTHER-SE> 52,933 <TOTAL-LIABILITIES-AND-EQUITY> 649,425 <INTEREST-LOAN> 31,000 <INTEREST-INVEST> 9,730 <INTEREST-OTHER> 972 <INTEREST-TOTAL> 41,702 <INTEREST-DEPOSIT> 18,716 <INTEREST-EXPENSE> 1,612 <INTEREST-INCOME-NET> 21,374 <LOAN-LOSSES> 155 <SECURITIES-GAINS> 1,789 <EXPENSE-OTHER> 20,214 <INCOME-PRETAX> 7,656 <INCOME-PRE-EXTRAORDINARY> 7,656 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,596 <EPS-PRIMARY> 43.40 <EPS-DILUTED> 43.40 <YIELD-ACTUAL> 7.57 <LOANS-NON> 166 <LOANS-PAST> 805 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 43 <ALLOWANCE-OPEN> 5,971 <CHARGE-OFFS> 544 <RECOVERIES> 111 <ALLOWANCE-CLOSE> 5,962 <ALLOWANCE-DOMESTIC> 5,962 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0