<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from the Balance Sheet, and Statement of Income, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 12,007 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 9,400 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,105 <INVESTMENTS-CARRYING> 14,055 <INVESTMENTS-MARKET> 14,222 <LOANS> 87,500 <ALLOWANCE> 1,732 <TOTAL-ASSETS> 127,244 <DEPOSITS> 112,129 <SHORT-TERM> 1,000 <LIABILITIES-OTHER> 1,720 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,756 <OTHER-SE> 7,639 <TOTAL-LIABILITIES-AND-EQUITY> 127,244 <INTEREST-LOAN> 2,248 <INTEREST-INVEST> 232 <INTEREST-OTHER> 135 <INTEREST-TOTAL> 2,615 <INTEREST-DEPOSIT> 807 <INTEREST-EXPENSE> 823 <INTEREST-INCOME-NET> 1,792 <LOAN-LOSSES> 40 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,542 <INCOME-PRETAX> 805 <INCOME-PRE-EXTRAORDINARY> 805 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 475 <EPS-PRIMARY> .48 <EPS-DILUTED> .47 <YIELD-ACTUAL> 9.40 <LOANS-NON> 173 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,732 <CHARGE-OFFS> 33 <RECOVERIES> 86 <ALLOWANCE-CLOSE> 1,732 <ALLOWANCE-DOMESTIC> 1,732 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0