<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <CASH> 33,414 <INT-BEARING-DEPOSITS> 2,437 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 79,621 <INVESTMENTS-CARRYING> 304,077 <INVESTMENTS-MARKET> 305,764 <LOANS> 239,471 <ALLOWANCE> 2,064 <TOTAL-ASSETS> 689,284 <DEPOSITS> 448,625 <SHORT-TERM> 35,000 <LIABILITIES-OTHER> 10,665 <LONG-TERM> 143,356 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 529 <OTHER-SE> 51,109 <TOTAL-LIABILITIES-AND-EQUITY> 689,284 <INTEREST-LOAN> 9,509 <INTEREST-INVEST> 10,900 <INTEREST-OTHER> 730 <INTEREST-TOTAL> 21,139 <INTEREST-DEPOSIT> 8,678 <INTEREST-EXPENSE> 12,252 <INTEREST-INCOME-NET> 8,887 <LOAN-LOSSES> 30 <SECURITIES-GAINS> 345 <EXPENSE-OTHER> 6,828 <INCOME-PRETAX> 3,135 <INCOME-PRE-EXTRAORDINARY> 3,135 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,982 <EPS-PRIMARY> .68 <EPS-DILUTED> .61 <YIELD-ACTUAL> 2.87 <LOANS-NON> 0 <LOANS-PAST> 1,747 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,029 <CHARGE-OFFS> 4 <RECOVERIES> 8 <ALLOWANCE-CLOSE> 2,064 <ALLOWANCE-DOMESTIC> 2,064 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,064