<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 7,040 <INT-BEARING-DEPOSITS> 82,881 <FED-FUNDS-SOLD> 17,180 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 2,287 <LOANS> 79,793 <ALLOWANCE> (1,478) <TOTAL-ASSETS> 113,547 <DEPOSITS> 105,579 <SHORT-TERM> 0 <LIABILITIES-OTHER> 69 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,975 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 113,547 <INTEREST-LOAN> 1,866 <INTEREST-INVEST> 311 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 2,177 <INTEREST-DEPOSIT> 757 <INTEREST-EXPENSE> 1,420 <INTEREST-INCOME-NET> 1,318 <LOAN-LOSSES> 102 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,455 <INCOME-PRETAX> 54 <INCOME-PRE-EXTRAORDINARY> 54 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 32 <EPS-PRIMARY> .042 <EPS-DILUTED> .035 <YIELD-ACTUAL> 5.665 <LOANS-NON> 4,197 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,405 <CHARGE-OFFS> 30 <RECOVERIES> 1 <ALLOWANCE-CLOSE> 1,478 <ALLOWANCE-DOMESTIC> 1,478 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0