<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> 6,478 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 12,500 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 30,300 <INVESTMENTS-CARRYING> 24,132 <INVESTMENTS-MARKET> 24,643 <LOANS> 125,127 <ALLOWANCE> 1,756 <TOTAL-ASSETS> 201,856 <DEPOSITS> 167,427 <SHORT-TERM> 2,735 <LIABILITIES-OTHER> 692 <LONG-TERM> 8,091 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,700 <OTHER-SE> 20,211 <TOTAL-LIABILITIES-AND-EQUITY> 201,856 <INTEREST-LOAN> 2,972 <INTEREST-INVEST> 793 <INTEREST-OTHER> 108 <INTEREST-TOTAL> 3,873 <INTEREST-DEPOSIT> 1,685 <INTEREST-EXPENSE> 1,855 <INTEREST-INCOME-NET> 2,018 <LOAN-LOSSES> 45 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,149 <INCOME-PRETAX> 954 <INCOME-PRE-EXTRAORDINARY> 954 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 716 <EPS-PRIMARY> 5.41 <EPS-DILUTED> 5.41 <YIELD-ACTUAL> 4.28 <LOANS-NON> 129 <LOANS-PAST> 148 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,745 <CHARGE-OFFS> 51 <RECOVERIES> 17 <ALLOWANCE-CLOSE> 1,756 <ALLOWANCE-DOMESTIC> 1,064 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 692