<ARTICLE> 9
<LEGEND> This schedule contains summary financial information extracted from 
financial statements at and for the three months ended March 31, 1998 and 1997
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-31-1998               DEC-31-1997
<PERIOD-START>                             JAN-01-1998               JAN-01-1997
<PERIOD-END>                               MAR-31-1998               MAR-31-1997
<CASH>                                          10,654                    11,917
<INT-BEARING-DEPOSITS>                          94,533                       997
<FED-FUNDS-SOLD>                                82,500                         0
<TRADING-ASSETS>                                     0                         0
<INVESTMENTS-HELD-FOR-SALE>                    146,353                   166,179
<INVESTMENTS-CARRYING>                          51,536                    60,631
<INVESTMENTS-MARKET>                            51,291                    60,025
<LOANS>                                        252,623                   381,117
<ALLOWANCE>                                      5,834                    20,501
<TOTAL-ASSETS>                                 606,658                   635,497
<DEPOSITS>                                     370,432                   360,676
<SHORT-TERM>                                   160,000                    90,000
<LIABILITIES-OTHER>                              4,303                    12,609
<LONG-TERM>                                        803                       803
<PREFERRED-MANDATORY>                                0                         0
<PREFERRED>                                          0                         0
<COMMON>                                        46,120                    52,459
<OTHER-SE>                                           0                         0
<TOTAL-LIABILITIES-AND-EQUITY>                 606,658                   635,477
<INTEREST-LOAN>                                  6,723                     9,741
<INTEREST-INVEST>                                3,109                     3,728
<INTEREST-OTHER>                                 1,354                       215
<INTEREST-TOTAL>                                11,186                    13,684
<INTEREST-DEPOSIT>                               4,882                     4,113
<INTEREST-EXPENSE>                               6,613                     6,857
<INTEREST-INCOME-NET>                            4,573                     6,827
<LOAN-LOSSES>                                      826                    14,514
<SECURITIES-GAINS>                                 269                        11
<EXPENSE-OTHER>                                  5,558                     5,776
<INCOME-PRETAX>                                    330                  (11,847)
<INCOME-PRE-EXTRAORDINARY>                         330                  (11,847)
<EXTRAORDINARY>                                      0                         0
<CHANGES>                                            0                         0
<NET-INCOME>                                       206                   (7,579)
<EPS-PRIMARY>                                      .06                    (2.15)
<EPS-DILUTED>                                      .06                    (2.15)
<YIELD-ACTUAL>                                   10.75                     11.00
<LOANS-NON>                                      6,087                    10,250
<LOANS-PAST>                                         0                         0
<LOANS-TROUBLED>                                     0                         0
<LOANS-PROBLEM>                                      0                         0
<ALLOWANCE-OPEN>                                 6,303                     7,208
<CHARGE-OFFS>                                    1,382                     1,272
<RECOVERIES>                                        87                        51
<ALLOWANCE-CLOSE>                                5,834                    20,501
<ALLOWANCE-DOMESTIC>                             5,834                     4,145
<ALLOWANCE-FOREIGN>                                  0                         0
<ALLOWANCE-UNALLOCATED>                              0                    11,356