<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1998 <CASH> 4,378 <INT-BEARING-DEPOSITS> 12 <FED-FUNDS-SOLD> 5,088 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,798 <INVESTMENTS-CARRYING> 37,167 <INVESTMENTS-MARKET> 37,207 <LOANS> 80,318 <ALLOWANCE> 793 <TOTAL-ASSETS> 137,547 <DEPOSITS> 121,210 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,052 <LONG-TERM> 0 <COMMON> 3,526 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 11,758 <TOTAL-LIABILITIES-AND-EQUITY> 137,547 <INTEREST-LOAN> 1,740 <INTEREST-INVEST> 575 <INTEREST-OTHER> 35 <INTEREST-TOTAL> 2,350 <INTEREST-DEPOSIT> 1,015 <INTEREST-EXPENSE> 1,015 <INTEREST-INCOME-NET> 1,335 <LOAN-LOSSES> 80 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,276 <INCOME-PRETAX> 357 <INCOME-PRE-EXTRAORDINARY> 357 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 278 <EPS-PRIMARY> 0.20 <EPS-DILUTED> 0.20 <YIELD-ACTUAL> 4.48 <LOANS-NON> 338 <LOANS-PAST> 362 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,011 <ALLOWANCE-OPEN> 749 <CHARGE-OFFS> 73 <RECOVERIES> 37 <ALLOWANCE-CLOSE> 793 <ALLOWANCE-DOMESTIC> 427 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 366