<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 2,691,000 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 2,750,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,961,000 <INVESTMENTS-CARRYING> 4,530,000 <INVESTMENTS-MARKET> 4,335,000 <LOANS> 43,589,000 <ALLOWANCE> 811,000 <TOTAL-ASSETS> 61,098,000 <DEPOSITS> 53,693,000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,254,000 <LONG-TERM> 460,000 <COMMON> 1,005,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,686,000 <TOTAL-LIABILITIES-AND-EQUITY> 61,098,000 <INTEREST-LOAN> 1,153,000 <INTEREST-INVEST> 123,000 <INTEREST-OTHER> 26,000 <INTEREST-TOTAL> 1,302,000 <INTEREST-DEPOSIT> 505,000 <INTEREST-EXPENSE> 516,000 <INTEREST-INCOME-NET> 786,000 <LOAN-LOSSES> 150,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 838,000 <INCOME-PRETAX> (78,000) <INCOME-PRE-EXTRAORDINARY> (78,000) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (49,000) <EPS-PRIMARY> (0.24) <EPS-DILUTED> (0.24) <YIELD-ACTUAL> 6.12 <LOANS-NON> 44,000 <LOANS-PAST> 612,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 661,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 811,000 <ALLOWANCE-DOMESTIC> 243,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 568,000