<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 6,773 <INT-BEARING-DEPOSITS> 8 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 37,012 <INVESTMENTS-CARRYING> 44,569 <INVESTMENTS-MARKET> 46,171 <LOANS> 160,116 <ALLOWANCE> 2,298 <TOTAL-ASSETS> 304,459 <DEPOSITS> 237,878 <SHORT-TERM> 27,307 <LIABILITIES-OTHER> 6,337 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,927 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 304,459 <INTEREST-LOAN> 4,006 <INTEREST-INVEST> 1,308 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 5,314 <INTEREST-DEPOSIT> 1,993 <INTEREST-EXPENSE> 2,189 <INTEREST-INCOME-NET> 3,125 <LOAN-LOSSES> 75 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,236 <INCOME-PRETAX> 1,953 <INCOME-PRE-EXTRAORDINARY> 1,953 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,435 <EPS-PRIMARY> 0.75 <EPS-DILUTED> 0.74 <YIELD-ACTUAL> 8.48 <LOANS-NON> 504 <LOANS-PAST> 247 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,233 <CHARGE-OFFS> 35 <RECOVERIES> 25 <ALLOWANCE-CLOSE> 2,298 <ALLOWANCE-DOMESTIC> 2,298 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0