<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,841 <INT-BEARING-DEPOSITS> 1,968 <FED-FUNDS-SOLD> 2,304 <TRADING-ASSETS> 1,482 <INVESTMENTS-HELD-FOR-SALE> 9,082 <INVESTMENTS-CARRYING> 692 <INVESTMENTS-MARKET> 680 <LOANS> 41,019 <ALLOWANCE> (864) <TOTAL-ASSETS> 64,780 <DEPOSITS> 42,307 <SHORT-TERM> 10,969 <LIABILITIES-OTHER> 2,021 <LONG-TERM> 3,208<F1> <PREFERRED-MANDATORY> 0 <PREFERRED> 508 <COMMON> 231 <OTHER-SE> 4,122 <TOTAL-LIABILITIES-AND-EQUITY> 64,780 <INTEREST-LOAN> 975 <INTEREST-INVEST> 170 <INTEREST-OTHER> 130 <INTEREST-TOTAL> 1,275 <INTEREST-DEPOSIT> 400 <INTEREST-EXPENSE> 655 <INTEREST-INCOME-NET> 620 <LOAN-LOSSES> 60 <SECURITIES-GAINS> 9 <EXPENSE-OTHER> 146 <INCOME-PRETAX> 346 <INCOME-PRE-EXTRAORDINARY> 207 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 207 <EPS-PRIMARY> 1.29 <EPS-DILUTED> 1.27 <YIELD-ACTUAL> 4.47 <LOANS-NON> 396 <LOANS-PAST> 46 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 883 <CHARGE-OFFS> (97) <RECOVERIES> 18 <ALLOWANCE-CLOSE> 864 <ALLOWANCE-DOMESTIC> 537 <ALLOWANCE-FOREIGN> 205 <ALLOWANCE-UNALLOCATED> 122 <FN> <F1>Includes guaranteed preferred beneficial interest in the Corporation's junior subordinated debt. </FN>