<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 4,333 <INT-BEARING-DEPOSITS> 1,387 <FED-FUNDS-SOLD> 8,550 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 24,014 <INVESTMENTS-CARRYING> 5,701 <INVESTMENTS-MARKET> 5,744 <LOANS> 28,058 <ALLOWANCE> 596 <TOTAL-ASSETS> 73,666 <DEPOSITS> 63,819 <SHORT-TERM> 0 <LIABILITIES-OTHER> 402 <LONG-TERM> 0 <PREFERRED-MANDATORY> 600 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,846 <TOTAL-LIABILITIES-AND-EQUITY> 73,666 <INTEREST-LOAN> 2,642 <INTEREST-INVEST> 1,705 <INTEREST-OTHER> 310 <INTEREST-TOTAL> 4,657 <INTEREST-DEPOSIT> 1,446 <INTEREST-EXPENSE> 1,446 <INTEREST-INCOME-NET> 3,211 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 668 <INCOME-PRETAX> 1,416 <INCOME-PRE-EXTRAORDINARY> 1,416 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,008 <EPS-PRIMARY> 8.47 <EPS-DILUTED> 0 <YIELD-ACTUAL> 5.32 <LOANS-NON> 145 <LOANS-PAST> 15 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 600 <CHARGE-OFFS> 15 <RECOVERIES> 11 <ALLOWANCE-CLOSE> 596 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 596