<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THIS QUARTERLY REPORT ON FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 3,678 <INT-BEARING-DEPOSITS> 7,565 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 20,147 <INVESTMENTS-CARRYING> 3,197 <INVESTMENTS-MARKET> 3,178 <LOANS> 104,612 <ALLOWANCE> (2,696) <TOTAL-ASSETS> 150,022 <DEPOSITS> 118,517 <SHORT-TERM> 0 <LIABILITIES-OTHER> 305 <LONG-TERM> 16,111 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,359 <OTHER-SE> 13,730 <TOTAL-LIABILITIES-AND-EQUITY> 150,022 <INTEREST-LOAN> 2,477 <INTEREST-INVEST> 394 <INTEREST-OTHER> 107 <INTEREST-TOTAL> 2,978 <INTEREST-DEPOSIT> 1,079 <INTEREST-EXPENSE> 296 <INTEREST-INCOME-NET> 1,603 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,302 <INCOME-PRETAX> 445 <INCOME-PRE-EXTRAORDINARY> 445 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 285 <EPS-PRIMARY> .21 <EPS-DILUTED> .21 <YIELD-ACTUAL> 8.72 <LOANS-NON> 261 <LOANS-PAST> 106 <LOANS-TROUBLED> 264 <LOANS-PROBLEM> 3,651 <ALLOWANCE-OPEN> 2,665 <CHARGE-OFFS> 27 <RECOVERIES> 58 <ALLOWANCE-CLOSE> 2,696 <ALLOWANCE-DOMESTIC> 2,696 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0