<ARTICLE> 9
<LEGEND> This schedule contains summary financial information extracted from
Financial Statements as of and for the Years Ended December 31, 1997 and 1996
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<PERIOD-TYPE> 12-MOS 12-MOS
<FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996
<PERIOD-START> JAN-01-1997 JAN-01-1996
<PERIOD-END> DEC-31-1997 DEC-31-1996
<CASH> 6,630 8,334
<INT-BEARING-DEPOSITS> 891 740
<FED-FUNDS-SOLD> 60,000 0
<TRADING-ASSETS> 0 0
<INVESTMENTS-HELD-FOR-SALE> 126,994 172,319
<INVESTMENTS-CARRYING> 53,719 67,936
<INVESTMENTS-MARKET> 53,451 67,875
<LOANS> 246,245 324,508
<ALLOWANCE> 6,303 7,208
<TOTAL-ASSETS> 541,458 595,571
<DEPOSITS> 397,110 330,655
<SHORT-TERM> 90,000 136,146
<LIABILITIES-OTHER> 7,582 12,078
<LONG-TERM> 803 55,803
<PREFERRED-MANDATORY> 0 0
<PREFERRED> 0 0
<COMMON> 45,963 60,889
<OTHER-SE> 0 0
<TOTAL-LIABILITIES-AND-EQUITY> 541,458 595,571
<INTEREST-LOAN> 39,234 24,842
<INTEREST-INVEST> 13,908 20,487
<INTEREST-OTHER> 866 552
<INTEREST-TOTAL> 54,008 45,881
<INTEREST-DEPOSIT> 18,776 14,595
<INTEREST-EXPENSE> 28,327 25,917
<INTEREST-INCOME-NET> 25,681 19,964
<LOAN-LOSSES> 26,527 4,293
<SECURITIES-GAINS> 1,200 2,529
<EXPENSE-OTHER> 22,739 19,506
<INCOME-PRETAX> (19,677) 6,568
<INCOME-PRE-EXTRAORDINARY> (7,195) 2,352
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (12,482) 4,216
<EPS-PRIMARY> (3.59) 1.13
<EPS-DILUTED> (3.59) 1.13
<YIELD-ACTUAL> 11.38 9.35
<LOANS-NON> 6,195 5,294
<LOANS-PAST> 0 0
<LOANS-TROUBLED> 0 0
<LOANS-PROBLEM> 0 0
<ALLOWANCE-OPEN> 7,208 3,460
<CHARGE-OFFS> 27,946 754
<RECOVERIES> 1,699 209
<ALLOWANCE-CLOSE> 6,303 7,208
<ALLOWANCE-DOMESTIC> 5,610 4,266
<ALLOWANCE-FOREIGN> 0 0
<ALLOWANCE-UNALLOCATED> 693 2,942