<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF INCOME FILED AS
PART OF THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                           2,165
<INT-BEARING-DEPOSITS>                             299
<FED-FUNDS-SOLD>                                   654
<TRADING-ASSETS>                                 7,365
<INVESTMENTS-HELD-FOR-SALE>                      2,525
<INVESTMENTS-CARRYING>                           2,571
<INVESTMENTS-MARKET>                            32,686
<LOANS>                                            268
<ALLOWANCE>                                     47,244
<TOTAL-ASSETS>                                  43,386
<DEPOSITS>                                           0
<SHORT-TERM>                                       359
<LIABILITIES-OTHER>                                  0
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      1,212
<COMMON>                                         2,287
<OTHER-SE>                                      47,244
<TOTAL-LIABILITIES-AND-EQUITY>                   2,170
<INTEREST-LOAN>                                    470
<INTEREST-INVEST>                                   32
<INTEREST-OTHER>                                 2,673
<INTEREST-TOTAL>                                 1,182
<INTEREST-DEPOSIT>                               1,220
<INTEREST-EXPENSE>                               1,453
<INTEREST-INCOME-NET>                               77
<LOAN-LOSSES>                                       77
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                  1,189
<INCOME-PRETAX>                                    362
<INCOME-PRE-EXTRAORDINARY>                         267
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       267
<EPS-PRIMARY>                                     2.20
<EPS-DILUTED>                                     2.20
<YIELD-ACTUAL>                                    4.67
<LOANS-NON>                                         37
<LOANS-PAST>                                        42
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                     43
<ALLOWANCE-OPEN>                                   281
<CHARGE-OFFS>                                      119
<RECOVERIES>                                        29
<ALLOWANCE-CLOSE>                                  268
<ALLOWANCE-DOMESTIC>                               268
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                             96