<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 9,454,000 <INT-BEARING-DEPOSITS> 8,896,000 <FED-FUNDS-SOLD> 60,000,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 15,313,000 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 74,095,000 <ALLOWANCE> 2,424,000 <TOTAL-ASSETS> 167,749,000 <DEPOSITS> 150,120,000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,926,000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,215,000 <OTHER-SE> 4,488,000 <TOTAL-LIABILITIES-AND-EQUITY> 167,749,000 <INTEREST-LOAN> 1,675,000 <INTEREST-INVEST> 581,000 <INTEREST-OTHER> 582,000 <INTEREST-TOTAL> 2,838,000 <INTEREST-DEPOSIT> 817,000 <INTEREST-EXPENSE> 820,000 <INTEREST-INCOME-NET> 2,018,000 <LOAN-LOSSES> 12,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,562,000 <INCOME-PRETAX> 614,000 <INCOME-PRE-EXTRAORDINARY> 360,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 360,000 <EPS-PRIMARY> 0.15 <EPS-DILUTED> 0.14 <YIELD-ACTUAL> 0.052 <LOANS-NON> 256,000 <LOANS-PAST> 193,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,400,000 <CHARGE-OFFS> 0 <RECOVERIES> 12,000 <ALLOWANCE-CLOSE> 2,424,000 <ALLOWANCE-DOMESTIC> 2,424,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0