<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 102 <INT-BEARING-DEPOSITS> 2,076 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 625 <INVESTMENTS-CARRYING> 2,122 <INVESTMENTS-MARKET> 2,124 <LOANS> 56,723 <ALLOWANCE> 130 <TOTAL-ASSETS> 62,567 <DEPOSITS> 45,217 <SHORT-TERM> 3,000 <LIABILITIES-OTHER> 821 <LONG-TERM> 181 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10 <OTHER-SE> 13,339 <TOTAL-LIABILITIES-AND-EQUITY> 62,567 <INTEREST-LOAN> 1,113 <INTEREST-INVEST> 34 <INTEREST-OTHER> 22 <INTEREST-TOTAL> 1,169 <INTEREST-DEPOSIT> 568 <INTEREST-EXPENSE> 616 <INTEREST-INCOME-NET> 553 <LOAN-LOSSES> 6 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 246 <INCOME-PRETAX> 320 <INCOME-PRE-EXTRAORDINARY> 320 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 212 <EPS-PRIMARY> .27 <EPS-DILUTED> .26 <YIELD-ACTUAL> 3.60 <LOANS-NON> 0 <LOANS-PAST> 266 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 125 <CHARGE-OFFS> 1 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 130 <ALLOWANCE-DOMESTIC> 130 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0