<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 10,185 <INT-BEARING-DEPOSITS> 181 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 107,648 <INVESTMENTS-CARRYING> 63,602 <INVESTMENTS-MARKET> 63,894 <LOANS> 343,850 <ALLOWANCE> (2,470) <TOTAL-ASSETS> 549,838 <DEPOSITS> 333,210 <SHORT-TERM> 40,760 <LIABILITIES-OTHER> 5,784 <LONG-TERM> 135,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 34,584 <OTHER-SE> 34,584 <TOTAL-LIABILITIES-AND-EQUITY> 549,838 <INTEREST-LOAN> 6,508 <INTEREST-INVEST> 2,842 <INTEREST-OTHER> 32 <INTEREST-TOTAL> 9,382 <INTEREST-DEPOSIT> 2,841 <INTEREST-EXPENSE> 5,347 <INTEREST-INCOME-NET> 4,035 <LOAN-LOSSES> 190 <SECURITIES-GAINS> 365 <EXPENSE-OTHER> 3,605 <INCOME-PRETAX> 1,733 <INCOME-PRE-EXTRAORDINARY> 1,733 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,136 <EPS-PRIMARY> .32 <EPS-DILUTED> .30 <YIELD-ACTUAL> 7.37 <LOANS-NON> 475 <LOANS-PAST> 55 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,280 <CHARGE-OFFS> 81 <RECOVERIES> 81 <ALLOWANCE-CLOSE> 2,470 <ALLOWANCE-DOMESTIC> 1,716 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 754