<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,867 <INT-BEARING-DEPOSITS> 3,211 <FED-FUNDS-SOLD> 3,300 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 158,358 <INVESTMENTS-MARKET> 157,597 <LOANS> 123,161 <ALLOWANCE> 1,008 <TOTAL-ASSETS> 303,384 <DEPOSITS> 227,549 <SHORT-TERM> 24,624 <LIABILITIES-OTHER> 2,971 <LONG-TERM> 9,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 304 <OTHER-SE> 38,937 <TOTAL-LIABILITIES-AND-EQUITY> 303,384 <INTEREST-LOAN> 2,205 <INTEREST-INVEST> 2,776 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 4,981 <INTEREST-DEPOSIT> 2,522 <INTEREST-EXPENSE> 2,995 <INTEREST-INCOME-NET> 1,986 <LOAN-LOSSES> 60 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,279 <INCOME-PRETAX> 715 <INCOME-PRE-EXTRAORDINARY> 445 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 445 <EPS-PRIMARY> 0.17 <EPS-DILUTED> 0.17 <YIELD-ACTUAL> 2.73 <LOANS-NON> 1,967 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,090 <CHARGE-OFFS> 142 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,008 <ALLOWANCE-DOMESTIC> 1,008 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,008