<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 13,385 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 9,400 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 19,519 <INVESTMENTS-CARRYING> 9,492 <INVESTMENTS-MARKET> 28,870 <LOANS> 77,831 <ALLOWANCE> 1,081 <TOTAL-ASSETS> 131,686 <DEPOSITS> 118,076 <SHORT-TERM> 0 <LIABILITIES-OTHER> 942 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,134 <OTHER-SE> 91 <TOTAL-LIABILITIES-AND-EQUITY> 131,686 <INTEREST-LOAN> 1,908 <INTEREST-INVEST> 357 <INTEREST-OTHER> 115 <INTEREST-TOTAL> 2,380 <INTEREST-DEPOSIT> 1,032 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 1,348 <LOAN-LOSSES> 75 <SECURITIES-GAINS> (8) <EXPENSE-OTHER> 1,168 <INCOME-PRETAX> 304 <INCOME-PRE-EXTRAORDINARY> 183 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 183 <EPS-PRIMARY> .11 <EPS-DILUTED> .11 <YIELD-ACTUAL> 4.39 <LOANS-NON> 164 <LOANS-PAST> 239 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,023 <ALLOWANCE-OPEN> 998 <CHARGE-OFFS> 10 <RECOVERIES> 18 <ALLOWANCE-CLOSE> 1,081 <ALLOWANCE-DOMESTIC> 1,081 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,032