<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <CASH> 58,298 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 17,800 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 129,348 <INVESTMENTS-CARRYING> 21,853 <INVESTMENTS-MARKET> 151,201 <LOANS> 647,520 <ALLOWANCE> 6,955 <TOTAL-ASSETS> 909,432 <DEPOSITS> 826,564 <SHORT-TERM> 0 <LIABILITIES-OTHER> 11,023 <LONG-TERM> 0 <PREFERRED-MANDATORY> 71,846 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 909,432 <INTEREST-LOAN> 56,554 <INTEREST-INVEST> 7,773 <INTEREST-OTHER> 1,547 <INTEREST-TOTAL> 65,874 <INTEREST-DEPOSIT> 21,312 <INTEREST-EXPENSE> 152 <INTEREST-INCOME-NET> 44,410 <LOAN-LOSSES> 900 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 31,200 <INCOME-PRETAX> 20,458 <INCOME-PRE-EXTRAORDINARY> 20,458 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,903 <EPS-PRIMARY> 1.95 <EPS-DILUTED> 1.94 <YIELD-ACTUAL> 5.77 <LOANS-NON> 1,546 <LOANS-PAST> 2,168 <LOANS-TROUBLED> 291 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 6,524 <CHARGE-OFFS> 673 <RECOVERIES> 204 <ALLOWANCE-CLOSE> 6,955 <ALLOWANCE-DOMESTIC> 6,955 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0