<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 812 <INT-BEARING-DEPOSITS> 1,120 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,211 <INVESTMENTS-CARRYING> 26,275 <INVESTMENTS-MARKET> 25,665 <LOANS> 82,570 <ALLOWANCE> 322 <TOTAL-ASSETS> 126,832 <DEPOSITS> 87,276 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,936 <LONG-TERM> 22,800 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,516 <OTHER-SE> 7,305 <TOTAL-LIABILITIES-AND-EQUITY> 126,832 <INTEREST-LOAN> 1,496 <INTEREST-INVEST> 614 <INTEREST-OTHER> 23 <INTEREST-TOTAL> 2,133 <INTEREST-DEPOSIT> 853 <INTEREST-EXPENSE> 1,152 <INTEREST-INCOME-NET> 982 <LOAN-LOSSES> 17 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 709 <INCOME-PRETAX> 329 <INCOME-PRE-EXTRAORDINARY> 329 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 204 <EPS-PRIMARY> 0.23 <EPS-DILUTED> 0.23 <YIELD-ACTUAL> 7.00 <LOANS-NON> 400 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 307 <CHARGE-OFFS> 2 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 322 <ALLOWANCE-DOMESTIC> 273 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 49