<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 30,070 <INT-BEARING-DEPOSITS> 65,000 <FED-FUNDS-SOLD> 23,825 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 35,158 <INVESTMENTS-CARRYING> 83,064 <INVESTMENTS-MARKET> 83,436 <LOANS> 203,265 <ALLOWANCE> 4,503 <TOTAL-ASSETS> 457,522 <DEPOSITS> 191,602 <SHORT-TERM> 0 <LIABILITIES-OTHER> 212,176 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,000 <OTHER-SE> 51,744 <TOTAL-LIABILITIES-AND-EQUITY> 457,522 <INTEREST-LOAN> 4,209 <INTEREST-INVEST> 1,817 <INTEREST-OTHER> 1,305 <INTEREST-TOTAL> 7,331 <INTEREST-DEPOSIT> 1,053 <INTEREST-EXPENSE> 1,056 <INTEREST-INCOME-NET> 6,275 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 9,536 <INCOME-PRETAX> 2,591 <INCOME-PRE-EXTRAORDINARY> 2,591 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,673 <EPS-PRIMARY> .43 <EPS-DILUTED> .43 <YIELD-ACTUAL> 6.05 <LOANS-NON> 746 <LOANS-PAST> 45 <LOANS-TROUBLED> 533 <LOANS-PROBLEM> 1,401 <ALLOWANCE-OPEN> 4,484 <CHARGE-OFFS> 0 <RECOVERIES> 19 <ALLOWANCE-CLOSE> 4,503 <ALLOWANCE-DOMESTIC> 0<F1> <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0<F1> <FN> <F1>To be documented in the Dec-31-1998 statements.