<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME FILED AS PART OF THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH QUARTERLY REPORT ON FORM 10-Q. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 16,194 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 1,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 16,717 <INVESTMENTS-CARRYING> 33,237 <INVESTMENTS-MARKET> 34,563 <LOANS> 160,514 <ALLOWANCE> 1,915 <TOTAL-ASSETS> 241,533 <DEPOSITS> 207,742 <SHORT-TERM> 0 <LIABILITIES-OTHER> 8,763 <LONG-TERM> 5,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,433 <COMMON> 0 <OTHER-SE> 15,595 <TOTAL-LIABILITIES-AND-EQUITY> 241,533 <INTEREST-LOAN> 3,951 <INTEREST-INVEST> 780 <INTEREST-OTHER> 36 <INTEREST-TOTAL> 4,767 <INTEREST-DEPOSIT> 1,821 <INTEREST-EXPENSE> 1,905 <INTEREST-INCOME-NET> 2,862 <LOAN-LOSSES> 150 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,249 <INCOME-PRETAX> 1,025 <INCOME-PRE-EXTRAORDINARY> 1,025 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 757 <EPS-PRIMARY> .39 <EPS-DILUTED> .39 <YIELD-ACTUAL> 5.42 <LOANS-NON> 1,038 <LOANS-PAST> 864 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 2,554 <ALLOWANCE-OPEN> 1,863 <CHARGE-OFFS> 128 <RECOVERIES> 30 <ALLOWANCE-CLOSE> 1,915 <ALLOWANCE-DOMESTIC> 962 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 953