<ARTICLE> 9 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 5,048 <INT-BEARING-DEPOSITS> 6,702 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 25,537 <INVESTMENTS-MARKET> 25,425 <LOANS> 674,546 <ALLOWANCE> 9,421 <TOTAL-ASSETS> 875,492 <DEPOSITS> 620,377 <SHORT-TERM> 158,836 <LIABILITIES-OTHER> 13,708 <LONG-TERM> 25,000 <COMMON> 127 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 72,444 <TOTAL-LIABILITIES-AND-EQUITY> 875,492 <INTEREST-LOAN> 55,050 <INTEREST-INVEST> 11,673 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 66,723 <INTEREST-DEPOSIT> 28,211 <INTEREST-EXPENSE> 39,275 <INTEREST-INCOME-NET> 27,448 <LOAN-LOSSES> 1,850 <SECURITIES-GAINS> 5 <EXPENSE-OTHER> 24,484 <INCOME-PRETAX> 4,688 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,429 <EPS-PRIMARY> 0.19 <EPS-DILUTED> 0.18 <YIELD-ACTUAL> 8.01 <LOANS-NON> 10,248 <LOANS-PAST> 6,224 <LOANS-TROUBLED> 14,402 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 8,652 <CHARGE-OFFS> 1,878 <RECOVERIES> 1,081 <ALLOWANCE-CLOSE> 9,421 <ALLOWANCE-DOMESTIC> 9,421 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0