<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 14,874 <INT-BEARING-DEPOSITS> 219 <FED-FUNDS-SOLD> 5,125 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 53,906 <INVESTMENTS-CARRYING> 11,598 <INVESTMENTS-MARKET> 11,879 <LOANS> 258,045 <ALLOWANCE> 2,848 <TOTAL-ASSETS> 362,820 <DEPOSITS> 278,021 <SHORT-TERM> 3,000 <LIABILITIES-OTHER> 2,284 <LONG-TERM> 46,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 720 <OTHER-SE> 27,849 <TOTAL-LIABILITIES-AND-EQUITY> 362,820 <INTEREST-LOAN> 5,931 <INTEREST-INVEST> 1,043 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 6,974 <INTEREST-DEPOSIT> 2,475 <INTEREST-EXPENSE> 3,109 <INTEREST-INCOME-NET> 3,865 <LOAN-LOSSES> 325 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,102 <INCOME-PRETAX> 732 <INCOME-PRE-EXTRAORDINARY> 551 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 551 <EPS-PRIMARY> .79 <EPS-DILUTED> .79 <YIELD-ACTUAL> 4.95 <LOANS-NON> 282 <LOANS-PAST> 978 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,702 <CHARGE-OFFS> 316 <RECOVERIES> 137 <ALLOWANCE-CLOSE> 2,848 <ALLOWANCE-DOMESTIC> 2,058 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 790