<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 9,686 <INT-BEARING-DEPOSITS> 792 <FED-FUNDS-SOLD> 17,960 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 25,920 <INVESTMENTS-CARRYING> 1,824 <INVESTMENTS-MARKET> 1,824 <LOANS> 80,682 <ALLOWANCE> 1,638 <TOTAL-ASSETS> 140,923 <DEPOSITS> 131,303 <SHORT-TERM> 0 <LIABILITIES-OTHER> 912 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,147 <OTHER-SE> 1,611 <TOTAL-LIABILITIES-AND-EQUITY> 140,923 <INTEREST-LOAN> 2,007 <INTEREST-INVEST> 342 <INTEREST-OTHER> 240 <INTEREST-TOTAL> 2,589 <INTEREST-DEPOSIT> 865 <INTEREST-EXPENSE> 865 <INTEREST-INCOME-NET> 1,724 <LOAN-LOSSES> 105 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,405 <INCOME-PRETAX> 483 <INCOME-PRE-EXTRAORDINARY> 483 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 291 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00 <YIELD-ACTUAL> 5.68 <LOANS-NON> 2,815 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,566 <CHARGE-OFFS> 48 <RECOVERIES> 15 <ALLOWANCE-CLOSE> 1,638 <ALLOWANCE-DOMESTIC> 1,638 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0