<ARTICLE>                                            9

<LEGEND>
     THIS SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED FROM THE
     ANNUAL REPORT ON FORM 10-K405 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>                                             2,522
<INT-BEARING-DEPOSITS>                            23,614
<FED-FUNDS-SOLD>                                       0
<TRADING-ASSETS>                                       0
<INVESTMENTS-HELD-FOR-SALE>                      250,157
<INVESTMENTS-CARRYING>                            54,129
<INVESTMENTS-MARKET>                              53,958
<LOANS>                                          136,466 
<ALLOWANCE>                                        1,036
<TOTAL-ASSETS>                                   492,039
<DEPOSITS>                                       276,390
<SHORT-TERM>                                           0
<LIABILITIES-OTHER>                              115,420
<LONG-TERM>                                            0
<PREFERRED-MANDATORY>                                  0
<PREFERRED>                                            0
<COMMON>                                             900
<OTHER-SE>                                        99,329
<TOTAL-LIABILITIES-AND-EQUITY>                   492,039
<INTEREST-LOAN>                                    8,933
<INTEREST-INVEST>                                 14,749
<INTEREST-OTHER>                                       0
<INTEREST-TOTAL>                                  23,682
<INTEREST-DEPOSIT>                                10,977
<INTEREST-EXPENSE>                                12,933
<INTEREST-INCOME-NET>                             10,749
<LOAN-LOSSES>                                        270
<SECURITIES-GAINS>                                  (66)
<EXPENSE-OTHER>                                    7,075
<INCOME-PRETAX>                                    3,819
<INCOME-PRE-EXTRAORDINARY>                             0
<EXTRAORDINARY>                                        0
<CHANGES>                                              0
<NET-INCOME>                                       2,350
<EPS-PRIMARY>                                        .17
<EPS-DILUTED>                                        .16
<YIELD-ACTUAL>                                      6.80
<LOANS-NON>                                          393
<LOANS-PAST>                                         393
<LOANS-TROUBLED>                                      82
<LOANS-PROBLEM>                                    2,200
<ALLOWANCE-OPEN>                                     783
<CHARGE-OFFS>                                       (85) 
<RECOVERIES>                                          68
<ALLOWANCE-CLOSE>                                  1,036
<ALLOWANCE-DOMESTIC>                                   0
<ALLOWANCE-FOREIGN>                                    0
<ALLOWANCE-UNALLOCATED>                                0