<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 3,600 <INT-BEARING-DEPOSITS> 390 <FED-FUNDS-SOLD> 19,500 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 27,167 <INVESTMENTS-CARRYING> 142,951 <INVESTMENTS-MARKET> 143,447 <LOANS> 149,656 <ALLOWANCE> 1,209 <TOTAL-ASSETS> 355,443 <DEPOSITS> 233,848 <SHORT-TERM> 49,877 <LIABILITIES-OTHER> 1,466 <LONG-TERM> 34,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 304 <OTHER-SE> 35,949 <TOTAL-LIABILITIES-AND-EQUITY> 355,443 <INTEREST-LOAN> 2,790 <INTEREST-INVEST> 2,818 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 5,608 <INTEREST-DEPOSIT> 2,600 <INTEREST-EXPENSE> 918 <INTEREST-INCOME-NET> 2,090 <LOAN-LOSSES> 60 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,387 <INCOME-PRETAX> 705 <INCOME-PRE-EXTRAORDINARY> 459 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 459 <EPS-PRIMARY> 0.20 <EPS-DILUTED> 0.19 <YIELD-ACTUAL> 2.59 <LOANS-NON> 955 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 3,912 <ALLOWANCE-OPEN> 1,168 <CHARGE-OFFS> 18 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,209 <ALLOWANCE-DOMESTIC> 1,209 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,209