<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 4,411 <INT-BEARING-DEPOSITS> 1,190 <FED-FUNDS-SOLD> 4,950 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 16,103 <INVESTMENTS-CARRYING> 11,004 <INVESTMENTS-MARKET> 11,068 <LOANS> 27,896 <ALLOWANCE> 605 <TOTAL-ASSETS> 67,824 <DEPOSITS> 58,706 <SHORT-TERM> 0 <LIABILITIES-OTHER> 230 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 600 <OTHER-SE> 8,140 <TOTAL-LIABILITIES-AND-EQUITY> 67,824 <INTEREST-LOAN> 647 <INTEREST-INVEST> 411 <INTEREST-OTHER> 90 <INTEREST-TOTAL> 1,148 <INTEREST-DEPOSIT> 352 <INTEREST-EXPENSE> 354 <INTEREST-INCOME-NET> 794 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 175 <INCOME-PRETAX> 349 <INCOME-PRE-EXTRAORDINARY> 349 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 245 <EPS-PRIMARY> 2.06 <EPS-DILUTED> 0 <YIELD-ACTUAL> 5.36 <LOANS-NON> 265 <LOANS-PAST> 5 <LOANS-TROUBLED> 13 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 600 <CHARGE-OFFS> 2 <RECOVERIES> 7 <ALLOWANCE-CLOSE> 605 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 605