<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRATION STATEMENT ON FORM 10 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> 10,767 <INT-BEARING-DEPOSITS> 7,197 <FED-FUNDS-SOLD> 25,432 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 117,470 <INVESTMENTS-CARRYING> 2,569 <INVESTMENTS-MARKET> 2,555 <LOANS> 236,076 <ALLOWANCE> 2,228 <TOTAL-ASSETS> 412,366 <DEPOSITS> 356,383 <SHORT-TERM> 0 <LIABILITIES-OTHER> 3,782 <LONG-TERM> 14,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,780 <OTHER-SE> 34,421 <TOTAL-LIABILITIES-AND-EQUITY> 412,366 <INTEREST-LOAN> 19,019 <INTEREST-INVEST> 7,749 <INTEREST-OTHER> 760 <INTEREST-TOTAL> 27,528 <INTEREST-DEPOSIT> 12,174 <INTEREST-EXPENSE> 412 <INTEREST-INCOME-NET> 14,942 <LOAN-LOSSES> 300 <SECURITIES-GAINS> 40 <EXPENSE-OTHER> 8,438 <INCOME-PRETAX> 8,538 <INCOME-PRE-EXTRAORDINARY> 8,538 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,801 <EPS-PRIMARY> 1.92 <EPS-DILUTED> 1.92 <YIELD-ACTUAL> 3.26 <LOANS-NON> 13 <LOANS-PAST> 1,428 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,340 <CHARGE-OFFS> 526 <RECOVERIES> 114 <ALLOWANCE-CLOSE> 2,228 <ALLOWANCE-DOMESTIC> 2,228 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0