<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 33,061 <INT-BEARING-DEPOSITS> 358,568 <FED-FUNDS-SOLD> 10,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 61,539 <INVESTMENTS-CARRYING> 218,584 <INVESTMENTS-MARKET> 218,788 <LOANS> 117,830 <ALLOWANCE> (1,293) <TOTAL-ASSETS> 459,218 <DEPOSITS> 426,654 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,351 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,468 <OTHER-SE> 25,745 <TOTAL-LIABILITIES-AND-EQUITY> 459,218 <INTEREST-LOAN> 8,625 <INTEREST-INVEST> 17,324 <INTEREST-OTHER> 481 <INTEREST-TOTAL> 26,430 <INTEREST-DEPOSIT> 11,210 <INTEREST-EXPENSE> 11,586 <INTEREST-INCOME-NET> 14,844 <LOAN-LOSSES> (132) <SECURITIES-GAINS> 75 <EXPENSE-OTHER> 9,910 <INCOME-PRETAX> 5,793 <INCOME-PRE-EXTRAORDINARY> 4,157 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,157 <EPS-PRIMARY> 1.86 <EPS-DILUTED> 1.86 <YIELD-ACTUAL> 7.01 <LOANS-NON> 298 <LOANS-PAST> 121 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,073 <CHARGE-OFFS> 479 <RECOVERIES> 138 <ALLOWANCE-CLOSE> 1,293 <ALLOWANCE-DOMESTIC> 463 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 830