<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS INCLUDED IN THIS FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 7,399 <INT-BEARING-DEPOSITS> 6,491 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 65,660 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 271,367 <ALLOWANCE> 775 <TOTAL-ASSETS> 368,283 <DEPOSITS> 283,053 <SHORT-TERM> 33,850 <LIABILITIES-OTHER> 7,350 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 45 <OTHER-SE> 43,985 <TOTAL-LIABILITIES-AND-EQUITY> 368,283 <INTEREST-LOAN> 22,885 <INTEREST-INVEST> 5,118 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 28,003 <INTEREST-DEPOSIT> 13,018 <INTEREST-EXPENSE> 16,050 <INTEREST-INCOME-NET> 11,953 <LOAN-LOSSES> 24 <SECURITIES-GAINS> 176 <EXPENSE-OTHER> 7,291 <INCOME-PRETAX> 6,106 <INCOME-PRE-EXTRAORDINARY> 4,111 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,111 <EPS-PRIMARY> 1.55 <EPS-DILUTED> 1.49 <YIELD-ACTUAL> 7.94 <LOANS-NON> 671 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 751 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 775 <ALLOWANCE-DOMESTIC> 775 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0