<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 93,000 <INT-BEARING-DEPOSITS> 15,000 <FED-FUNDS-SOLD> 2,945,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 531,000 <INVESTMENTS-CARRYING> 531,000 <INVESTMENTS-MARKET> 531,000 <LOANS> 6,632,000 <ALLOWANCE> (70,000) <TOTAL-ASSETS> 11,385,000 <DEPOSITS> 8,392,000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 274,000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,000 <OTHER-SE> 2,716,000 <TOTAL-LIABILITIES-AND-EQUITY> 11,385,000 <INTEREST-LOAN> 311,000 <INTEREST-INVEST> 84,000 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 395,000 <INTEREST-DEPOSIT> 180,000 <INTEREST-EXPENSE> 180,000 <INTEREST-INCOME-NET> 215,000 <LOAN-LOSSES> 18,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 296,000 <INCOME-PRETAX> (92,000) <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (92,000) <EPS-PRIMARY> (0.31) <EPS-DILUTED> (0.31) <YIELD-ACTUAL> 4.41 <LOANS-NON> 41,000 <LOANS-PAST> 141,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 52,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 70,000 <ALLOWANCE-DOMESTIC> 70,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0