<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 4,454 <INT-BEARING-DEPOSITS> 1,419 <FED-FUNDS-SOLD> 2,473 <TRADING-ASSETS> 1,983 <INVESTMENTS-HELD-FOR-SALE> 10,587 <INVESTMENTS-CARRYING> 617 <INVESTMENTS-MARKET> 620 <LOANS> 43,822 <ALLOWANCE> (725) <TOTAL-ASSETS> 71,428 <DEPOSITS> 46,397 <SHORT-TERM> 12,258 <LIABILITIES-OTHER> 3,070 <LONG-TERM> 4,216<F1> <PREFERRED-MANDATORY> 0 <PREFERRED> 278 <COMMON> 231 <OTHER-SE> 4,298 <TOTAL-LIABILITIES-AND-EQUITY> 71,428 <INTEREST-LOAN> 1,012 <INTEREST-INVEST> 178 <INTEREST-OTHER> 147 <INTEREST-TOTAL> 1,337 <INTEREST-DEPOSIT> 462 <INTEREST-EXPENSE> 734 <INTEREST-INCOME-NET> 603 <LOAN-LOSSES> 140 <SECURITIES-GAINS> 25 <EXPENSE-OTHER> 213 <INCOME-PRETAX> 391 <INCOME-PRE-EXTRAORDINARY> 238 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 238 <EPS-PRIMARY> 1.60 <EPS-DILUTED> 1.58 <YIELD-ACTUAL> 4.07 <LOANS-NON> 327 <LOANS-PAST> 37 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 712 <CHARGE-OFFS> (156) <RECOVERIES> 15 <ALLOWANCE-CLOSE> 725 <ALLOWANCE-DOMESTIC> 378 <ALLOWANCE-FOREIGN> 242 <ALLOWANCE-UNALLOCATED> 105 <FN> <F1>(1) INCLUDES GUARANTEED PREFERRED BENEFICIAL INTERESTS IN THE CORPORATION'S JUNIOR SUBORDINATED DEBENTURES. </FN>