<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <CASH> 2,118 <INT-BEARING-DEPOSITS> 5,048 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 6,468 <INVESTMENTS-MARKET> 6,681 <LOANS> 152,068 <ALLOWANCE> 1,136 <TOTAL-ASSETS> 174,465 <DEPOSITS> 129,292 <SHORT-TERM> 18,500 <LIABILITIES-OTHER> 3,552 <LONG-TERM> 10,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49 <OTHER-SE> 13,072 <TOTAL-LIABILITIES-AND-EQUITY> 174,465 <INTEREST-LOAN> 10,438 <INTEREST-INVEST> 303 <INTEREST-OTHER> 275 <INTEREST-TOTAL> 11,016 <INTEREST-DEPOSIT> 6,105 <INTEREST-EXPENSE> 1,153 <INTEREST-INCOME-NET> 3,398 <LOAN-LOSSES> 165 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,411 <INCOME-PRETAX> 696 <INCOME-PRE-EXTRAORDINARY> 696 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 433 <EPS-PRIMARY> 0.09 <EPS-DILUTED> 0.09 <YIELD-ACTUAL> 7.37 <LOANS-NON> 1,360 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 3,672 <ALLOWANCE-OPEN> 1,111 <CHARGE-OFFS> 163 <RECOVERIES> 23 <ALLOWANCE-CLOSE> 1,136 <ALLOWANCE-DOMESTIC> 1,136 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0