<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 23,916,000 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 2,200,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 64,421,000 <INVESTMENTS-CARRYING> 23,986,000 <INVESTMENTS-MARKET> 24,247,000 <LOANS> 234,271,000 <ALLOWANCE> 2,938,000 <TOTAL-ASSETS> 364,136,000 <DEPOSITS> 329,986,000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,256,000 <LONG-TERM> 0 <COMMON> 3,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 31,891,000 <TOTAL-LIABILITIES-AND-EQUITY> 31,894,000 <INTEREST-LOAN> 5,903,000 <INTEREST-INVEST> 1,409,000 <INTEREST-OTHER> 62,000 <INTEREST-TOTAL> 7,374,000 <INTEREST-DEPOSIT> 2,098,000 <INTEREST-EXPENSE> 2,119,000 <INTEREST-INCOME-NET> 5,255,000 <LOAN-LOSSES> 270,000 <SECURITIES-GAINS> 103,000 <EXPENSE-OTHER> 3,581,000 <INCOME-PRETAX> 2,171,000 <INCOME-PRE-EXTRAORDINARY> 2,171,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,267,000 <EPS-PRIMARY> 0.42 <EPS-DILUTED> 0.40 <YIELD-ACTUAL> 9.41 <LOANS-NON> 276,000 <LOANS-PAST> 211,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,646,000 <CHARGE-OFFS> 8,000 <RECOVERIES> 30,000 <ALLOWANCE-CLOSE> 2,938,000 <ALLOWANCE-DOMESTIC> 2,938,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0