<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 14,815 <INT-BEARING-DEPOSITS> 128 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 12,717 <INVESTMENTS-CARRYING> 23,540 <INVESTMENTS-MARKET> 23,346 <LOANS> 261,601 <ALLOWANCE> 1,625 <TOTAL-ASSETS> 336,447 <DEPOSITS> 310,584 <SHORT-TERM> 0 <LIABILITIES-OTHER> 4,667 <LONG-TERM> 0 <COMMON> 11 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 21,185 <TOTAL-LIABILITIES-AND-EQUITY> 336,447 <INTEREST-LOAN> 5,331 <INTEREST-INVEST> 561 <INTEREST-OTHER> 141 <INTEREST-TOTAL> 6,033 <INTEREST-DEPOSIT> 3,634 <INTEREST-EXPENSE> 3,634 <INTEREST-INCOME-NET> 2,399 <LOAN-LOSSES> 75 <SECURITIES-GAINS> (9) <EXPENSE-OTHER> 2,492 <INCOME-PRETAX> 623 <INCOME-PRE-EXTRAORDINARY> 385 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 385 <EPS-PRIMARY> 0.32 <EPS-DILUTED> 0.32 <YIELD-ACTUAL> 3.12 <LOANS-NON> 1,220 <LOANS-PAST> 1,445 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 192 <ALLOWANCE-OPEN> 1,582 <CHARGE-OFFS> 32 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,625 <ALLOWANCE-DOMESTIC> 1,625 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0