<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM THE ANNUAL REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 5,780 <INT-BEARING-DEPOSITS> 613 <FED-FUNDS-SOLD> 27,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 53,394 <INVESTMENTS-CARRYING> 101,951 <INVESTMENTS-MARKET> 101,665 <LOANS> 150,391 <ALLOWANCE> 1,329 <TOTAL-ASSETS> 350,617 <DEPOSITS> 243,048 <SHORT-TERM> 18,500 <LIABILITIES-OTHER> 1,623 <LONG-TERM> 50,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 304 <OTHER-SE> 37,141 <TOTAL-LIABILITIES-AND-EQUITY> 350,617 <INTEREST-LOAN> 11,381 <INTEREST-INVEST> 11,365 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 22,746 <INTEREST-DEPOSIT> 10,504 <INTEREST-EXPENSE> 14,695 <INTEREST-INCOME-NET> 8,051 <LOAN-LOSSES> 161 <SECURITIES-GAINS> 47 <EXPENSE-OTHER> 5,702 <INCOME-PRETAX> 2,592 <INCOME-PRE-EXTRAORDINARY> 1,748 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,748 <EPS-PRIMARY> 0.79 <EPS-DILUTED> 0.76 <YIELD-ACTUAL> 2.42 <LOANS-NON> 1,003 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 3,218 <ALLOWANCE-OPEN> 1,329 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,329 <ALLOWANCE-DOMESTIC> 1,329 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,329