<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Financial Statements as of and for the three months ended March 31, 1996 and March 31, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-START> JAN-01-1996 JAN-01-1995 <PERIOD-END> MAR-31-1996 MAR-31-1995 <CASH> 6,014 2,565 <INT-BEARING-DEPOSITS> 1,591 33,077 <FED-FUNDS-SOLD> 0 0 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 251,246 127,668 <INVESTMENTS-CARRYING> 71,195 176,083 <INVESTMENTS-MARKET> 71,377 172,859 <LOANS> 235,118 184,145 <ALLOWANCE> 4,043 2,796 <TOTAL-ASSETS> 579,731 539,703 <DEPOSITS> 329,152 347,096 <SHORT-TERM> 93,872 48,898 <LIABILITIES-OTHER> 10,580 84,336 <LONG-TERM> 84,499 35,803 <COMMON> 61,628 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 0 23,570 <TOTAL-LIABILITIES-AND-EQUITY> 579,731 539,703 <INTEREST-LOAN> 5,010 4,065 <INTEREST-INVEST> 6,339 4,252 <INTEREST-OTHER> 115 185 <INTEREST-TOTAL> 11,464 8,502 <INTEREST-DEPOSIT> 3,760 3,757 <INTEREST-EXPENSE> 6,483 5,002 <INTEREST-INCOME-NET> 4,981 3,500 <LOAN-LOSSES> 650 130 <SECURITIES-GAINS> 596 (116) <EXPENSE-OTHER> 3,809 3,101 <INCOME-PRETAX> 1,394 581 <INCOME-PRE-EXTRAORDINARY> 940 404 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 940 404 <EPS-PRIMARY> 0.23 0 <EPS-DILUTED> 0.23 0 <YIELD-ACTUAL> 7.81 7.39 <LOANS-NON> 3,840 4,116 <LOANS-PAST> 0 0 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 3,460 2,714 <CHARGE-OFFS> 67 49 <RECOVERIES> 0 0 <ALLOWANCE-CLOSE> 4,043 2,796 <ALLOWANCE-DOMESTIC> 1,689 2,796 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 2,354 0