<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 338,000 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 3,581,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 520,000 <INVESTMENTS-CARRYING> 520,000 <INVESTMENTS-MARKET> 520,000 <LOANS> 6,161,000 <ALLOWANCE> (70,000) <TOTAL-ASSETS> 11,970,000 <DEPOSITS> 9,060,000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 253,000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,000 <OTHER-SE> 2,847,000 <TOTAL-LIABILITIES-AND-EQUITY> 11,970,000 <INTEREST-LOAN> 455,000 <INTEREST-INVEST> 137,000 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 592,000 <INTEREST-DEPOSIT> 276,000 <INTEREST-EXPENSE> 276,000 <INTEREST-INCOME-NET> 316,000 <LOAN-LOSSES> 22,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 462,000 <INCOME-PRETAX> (154,000) <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (154,000) <EPS-PRIMARY> (0.51) <EPS-DILUTED> (0.51) <YIELD-ACTUAL> 4.21 <LOANS-NON> 74,000 <LOANS-PAST> 108,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 52,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 74,000 <ALLOWANCE-DOMESTIC> 74,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0