<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 13,713 <INT-BEARING-DEPOSITS> 211 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 55,888 <INVESTMENTS-CARRYING> 13,171 <INVESTMENTS-MARKET> 13,195 <LOANS> 272,063 <ALLOWANCE> 2,197 <TOTAL-ASSETS> 375,217 <DEPOSITS> 293,399 <SHORT-TERM> 3,800 <LIABILITIES-OTHER> 4,499 <LONG-TERM> 40,000 <COMMON> 708 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 28,435 <TOTAL-LIABILITIES-AND-EQUITY> 375,217 <INTEREST-LOAN> 6,019 <INTEREST-INVEST> 1,168 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 7,187 <INTEREST-DEPOSIT> 2,563 <INTEREST-EXPENSE> 3,148 <INTEREST-INCOME-NET> 4,039 <LOAN-LOSSES> 12 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,036 <INCOME-PRETAX> 1,110 <INCOME-PRE-EXTRAORDINARY> 1,110 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 763 <EPS-PRIMARY> 1.06 <EPS-DILUTED> 1.06 <YIELD-ACTUAL> 4.90 <LOANS-NON> 399 <LOANS-PAST> 560 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,435 <CHARGE-OFFS> 293 <RECOVERIES> 43 <ALLOWANCE-CLOSE> 2,197 <ALLOWANCE-DOMESTIC> 1,632 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 565