<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 4,924 <INT-BEARING-DEPOSITS> 694 <FED-FUNDS-SOLD> 2,450 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 12,193 <INVESTMENTS-CARRYING> 14,204 <INVESTMENTS-MARKET> 14,264 <LOANS> 28,435 <ALLOWANCE> 600 <TOTAL-ASSETS> 64,621 <DEPOSITS> 55,857 <SHORT-TERM> 0 <LIABILITIES-OTHER> 251 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 600 <OTHER-SE> 7,913 <TOTAL-LIABILITIES-AND-EQUITY> 64,621 <INTEREST-LOAN> 2,574 <INTEREST-INVEST> 1,657 <INTEREST-OTHER> 251 <INTEREST-TOTAL> 4,482 <INTEREST-DEPOSIT> 1,397 <INTEREST-EXPENSE> 1,397 <INTEREST-INCOME-NET> 3,085 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 634 <INCOME-PRETAX> 1,353 <INCOME-PRE-EXTRAORDINARY> 1,353 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 948 <EPS-PRIMARY> 7.90 <EPS-DILUTED> 0 <YIELD-ACTUAL> 5.39 <LOANS-NON> 308 <LOANS-PAST> 9 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 614 <CHARGE-OFFS> 17 <RECOVERIES> 3 <ALLOWANCE-CLOSE> 600 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 600