<ARTICLE> 9 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 10,587 <INT-BEARING-DEPOSITS> 8,268 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 5,916 <INVESTMENTS-CARRYING> 32,544 <INVESTMENTS-MARKET> 32,557 <LOANS> 388,923 <ALLOWANCE> 1,247 <TOTAL-ASSETS> 469,450 <DEPOSITS> 358,009 <SHORT-TERM> 34,500 <LIABILITIES-OTHER> 9,074 <LONG-TERM> 22,854 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,063 <OTHER-SE> 41,950 <TOTAL-LIABILITIES-AND-EQUITY> 469,450 <INTEREST-LOAN> 26,621 <INTEREST-INVEST> 1,922 <INTEREST-OTHER> 717 <INTEREST-TOTAL> 29,260 <INTEREST-DEPOSIT> 13,933 <INTEREST-EXPENSE> 16,046 <INTEREST-INCOME-NET> 13,214 <LOAN-LOSSES> 111 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 12,190 <INCOME-PRETAX> 4,509 <INCOME-PRE-EXTRAORDINARY> 3,013 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,013 <EPS-PRIMARY> 1.24 <EPS-DILUTED> 1.21 <YIELD-ACTUAL> 3.67 <LOANS-NON> 1,598 <LOANS-PAST> 775 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,032 <CHARGE-OFFS> 6 <RECOVERIES> 1 <ALLOWANCE-CLOSE> 1,247 <ALLOWANCE-DOMESTIC> 142 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,105