<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 4991087 <INT-BEARING-DEPOSITS> 1570573 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 5099611 <INVESTMENTS-CARRYING> 70076922 <INVESTMENTS-MARKET> 69854501 <LOANS> 113272580 <ALLOWANCE> 1636872 <TOTAL-ASSETS> 198886221 <DEPOSITS> 175861641 <SHORT-TERM> 4500000 <LIABILITIES-OTHER> 1697364 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 156 <COMMON> 15941 <OTHER-SE> 17337232 <TOTAL-LIABILITIES-AND-EQUITY> 198886221 <INTEREST-LOAN> 2586038 <INTEREST-INVEST> 1236544 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 3822582 <INTEREST-DEPOSIT> 1940024 <INTEREST-EXPENSE> 2013433 <INTEREST-INCOME-NET> 1809149 <LOAN-LOSSES> 130000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1345835 <INCOME-PRETAX> 735740 <INCOME-PRE-EXTRAORDINARY> 735740 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 502540 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0.31 <YIELD-ACTUAL> 8.28 <LOANS-NON> 1378221 <LOANS-PAST> 24393 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1500941 <CHARGE-OFFS> 9155 <RECOVERIES> 15086 <ALLOWANCE-CLOSE> 1636872 <ALLOWANCE-DOMESTIC> 1636872 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0