<ARTICLE> 9 <LEGEND> Financial Data Schedule submitted under Item 601(a) (27) of Regulation S-B This schedule contains summary financial information extracted from unaudited financial statements for the period ended March 31, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1997 <CASH> $205 <INT-BEARING-DEPOSITS> $0 <FED-FUNDS-SOLD> $2909 <TRADING-ASSETS> $0 <INVESTMENTS-HELD-FOR-SALE> $4126 <INVESTMENTS-CARRYING> $0 <INVESTMENTS-MARKET> $0 <LOANS> $7619 <ALLOWANCE> ($83) <TOTAL-ASSETS> $17,173 <DEPOSITS> $10,640 <SHORT-TERM> $0 <LIABILITIES-OTHER> $67 <LONG-TERM> $0 <PREFERRED-MANDATORY> $0 <PREFERRED> $0 <COMMON> $722 <OTHER-SE> $5,744 <TOTAL-LIABILITIES-AND-EQUITY> $17,173 <INTEREST-LOAN> $138 <INTEREST-INVEST> $92 <INTEREST-OTHER> $20 <INTEREST-TOTAL> $250 <INTEREST-DEPOSIT> $104 <INTEREST-EXPENSE> $104 <INTEREST-INCOME-NET> $146 <LOAN-LOSSES> $0 <SECURITIES-GAINS> $0 <EXPENSE-OTHER> $306 <INCOME-PRETAX> ($146) <INCOME-PRE-EXTRAORDINARY> ($146) <EXTRAORDINARY> $0 <CHANGES> $0 <NET-INCOME> ($146) <EPS-PRIMARY> ($.20) <EPS-DILUTED> ($.20) <YIELD-ACTUAL> $0 <LOANS-NON> $0 <LOANS-PAST> $1 <LOANS-TROUBLED> $0 <LOANS-PROBLEM> $0 <ALLOWANCE-OPEN> $37 <CHARGE-OFFS> $0 <RECOVERIES> $0 <ALLOWANCE-CLOSE> $83 <ALLOWANCE-DOMESTIC> $83 <ALLOWANCE-FOREIGN> $0 <ALLOWANCE-UNALLOCATED> $0