<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 6,341 <INT-BEARING-DEPOSITS> 453 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,309 <INVESTMENTS-CARRYING> 292 <INVESTMENTS-MARKET> 292 <LOANS> 74,769 <ALLOWANCE> 3,643 <TOTAL-ASSETS> 100,068 <DEPOSITS> 31,022 <SHORT-TERM> 39,443 <LIABILITIES-OTHER> 6,392 <LONG-TERM> 5,212 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <COMMON> 5,482 <OTHER-SE> 12,516 <TOTAL-LIABILITIES-AND-EQUITY> 100,068 <INTEREST-LOAN> 2,585 <INTEREST-INVEST> 111 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 2,696 <INTEREST-DEPOSIT> 434 <INTEREST-EXPENSE> 1,249 <INTEREST-INCOME-NET> 1,013 <LOAN-LOSSES> 1,364 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 8,169 <INCOME-PRETAX> (1,834) <INCOME-PRE-EXTRAORDINARY> (1,834) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,235) <EPS-PRIMARY> (0.23) <EPS-DILUTED> (0.23) <YIELD-ACTUAL> 3.83 <LOANS-NON> 6,214 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,590 <CHARGE-OFFS> 316 <RECOVERIES> 4 <ALLOWANCE-CLOSE> 1,364 <ALLOWANCE-DOMESTIC> 1,364 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0