<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 927 <INT-BEARING-DEPOSITS> 1,286 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,018 <INVESTMENTS-CARRYING> 27,741 <INVESTMENTS-MARKET> 27,870 <LOANS> 96,181 <ALLOWANCE> 403 <TOTAL-ASSETS> 143,263 <DEPOSITS> 91,156 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,800 <LONG-TERM> 34,677 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,496 <OTHER-SE> 8,134 <TOTAL-LIABILITIES-AND-EQUITY> 143,263 <INTEREST-LOAN> 6,786 <INTEREST-INVEST> 2,480 <INTEREST-OTHER> 105 <INTEREST-TOTAL> 9,371 <INTEREST-DEPOSIT> 3,650 <INTEREST-EXPENSE> 5,240 <INTEREST-INCOME-NET> 4,131 <LOAN-LOSSES> 104 <SECURITIES-GAINS> 21 <EXPENSE-OTHER> 3,122 <INCOME-PRETAX> 1,277 <INCOME-PRE-EXTRAORDINARY> 1,277 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 784 <EPS-PRIMARY> .92 <EPS-DILUTED> .92 <YIELD-ACTUAL> 3.18 <LOANS-NON> 611 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 307 <CHARGE-OFFS> 8 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 403 <ALLOWANCE-DOMESTIC> 344 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 59