<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 11,576 <INT-BEARING-DEPOSITS> 6,304 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,055 <INVESTMENTS-CARRYING> 25,696 <INVESTMENTS-MARKET> 25,847 <LOANS> 446,480 <ALLOWANCE> 1,325 <TOTAL-ASSETS> 520,617 <DEPOSITS> 382,225 <SHORT-TERM> 51,570 <LIABILITIES-OTHER> 9,110 <LONG-TERM> 28,749 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,216 <OTHER-SE> 45,747 <TOTAL-LIABILITIES-AND-EQUITY> 520,617 <INTEREST-LOAN> 34,267 <INTEREST-INVEST> 2,311 <INTEREST-OTHER> 995 <INTEREST-TOTAL> 37,573 <INTEREST-DEPOSIT> 17,212 <INTEREST-EXPENSE> 21,022 <INTEREST-INCOME-NET> 16,551 <LOAN-LOSSES> 232 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 11,624 <INCOME-PRETAX> 8,535 <INCOME-PRE-EXTRAORDINARY> 5,626 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,626 <EPS-PRIMARY> 1.75 <EPS-DILUTED> 1.71 <YIELD-ACTUAL> 3.28 <LOANS-NON> 815 <LOANS-PAST> 1,003 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,247 <CHARGE-OFFS> 164 <RECOVERIES> 10 <ALLOWANCE-CLOSE> 1,325 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,325