<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 14,029 <INT-BEARING-DEPOSITS> 25,042 <FED-FUNDS-SOLD> 8,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 61,400 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 203,314 <ALLOWANCE> (2,756) <TOTAL-ASSETS> 331,790 <DEPOSITS> 241,570 <SHORT-TERM> 44,454 <LIABILITIES-OTHER> 4,998 <LONG-TERM> 1,054 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 581 <OTHER-SE> 39,133 <TOTAL-LIABILITIES-AND-EQUITY> 331,790 <INTEREST-LOAN> 15,196 <INTEREST-INVEST> 6,965 <INTEREST-OTHER> 488 <INTEREST-TOTAL> 22,649 <INTEREST-DEPOSIT> 7,120 <INTEREST-EXPENSE> 11,072 <INTEREST-INCOME-NET> 11,577 <LOAN-LOSSES> 1,258 <SECURITIES-GAINS> (7,007) <EXPENSE-OTHER> 16,174 <INCOME-PRETAX> (10,366) <INCOME-PRE-EXTRAORDINARY> (905) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (905) <EPS-PRIMARY> (.02) <EPS-DILUTED> (.02) <YIELD-ACTUAL> 6.76 <LOANS-NON> 293 <LOANS-PAST> 183 <LOANS-TROUBLED> 476 <LOANS-PROBLEM> 2,500 <ALLOWANCE-OPEN> 2,637 <CHARGE-OFFS> (2,258) <RECOVERIES> 1,119 <ALLOWANCE-CLOSE> 2,756 <ALLOWANCE-DOMESTIC> 2,756 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0