<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 516 <INT-BEARING-DEPOSITS> 8,579 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 369 <INVESTMENTS-CARRYING> 2,131 <INVESTMENTS-MARKET> 2,208 <LOANS> 24,943 <ALLOWANCE> 141 <TOTAL-ASSETS> 37,260 <DEPOSITS> 26,311 <SHORT-TERM> 0 <LIABILITIES-OTHER> 308 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 10,641 <TOTAL-LIABILITIES-AND-EQUITY> 37,260 <INTEREST-LOAN> 487 <INTEREST-INVEST> 175 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 662 <INTEREST-DEPOSIT> 258 <INTEREST-EXPENSE> 258 <INTEREST-INCOME-NET> 404 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 275 <INCOME-PRETAX> 136 <INCOME-PRE-EXTRAORDINARY> 87 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 87 <EPS-PRIMARY> .15 <EPS-DILUTED> .15 <YIELD-ACTUAL> 4.49 <LOANS-NON> 94 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 141 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 141 <ALLOWANCE-DOMESTIC> 141 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0