<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 1,573 <INT-BEARING-DEPOSITS> 25,379 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,129 <INVESTMENTS-CARRYING> 2,907 <INVESTMENTS-MARKET> 2,922 <LOANS> 16,429 <ALLOWANCE> 148 <TOTAL-ASSETS> 25,942 <DEPOSITS> 20,884 <SHORT-TERM> 28 <LIABILITIES-OTHER> 187 <LONG-TERM> 921 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 223 <OTHER-SE> 3,700 <TOTAL-LIABILITIES-AND-EQUITY> 25,942 <INTEREST-LOAN> 365 <INTEREST-INVEST> 126 <INTEREST-OTHER> 7 <INTEREST-TOTAL> 498 <INTEREST-DEPOSIT> 252 <INTEREST-EXPENSE> 270 <INTEREST-INCOME-NET> 228 <LOAN-LOSSES> 6 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 144 <INCOME-PRETAX> 92 <INCOME-PRE-EXTRAORDINARY> 92 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 62 <EPS-PRIMARY> 0.28 <EPS-DILUTED> 0.28 <YIELD-ACTUAL> 7.98 <LOANS-NON> 0 <LOANS-PAST> 155 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 141 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 147 <ALLOWANCE-DOMESTIC> 97 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 50