<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 674 <INT-BEARING-DEPOSITS> 553 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 737 <INVESTMENTS-CARRYING> 4,031 <INVESTMENTS-MARKET> 4,038 <LOANS> 16,832 <ALLOWANCE> 164 <TOTAL-ASSETS> 23,402 <DEPOSITS> 21,756 <SHORT-TERM> 0 <LIABILITIES-OTHER> 60 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,577 <TOTAL-LIABILITIES-AND-EQUITY> 23,402 <INTEREST-LOAN> 1,330 <INTEREST-INVEST> 277 <INTEREST-OTHER> 55 <INTEREST-TOTAL> 1,662 <INTEREST-DEPOSIT> 998 <INTEREST-EXPENSE> 998 <INTEREST-INCOME-NET> 664 <LOAN-LOSSES> 57 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 525 <INCOME-PRETAX> 126 <INCOME-PRE-EXTRAORDINARY> 88 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 88 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 3.08 <LOANS-NON> 293 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 116 <CHARGE-OFFS> 9 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 164 <ALLOWANCE-DOMESTIC> 164 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0