<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <EXCHANGE-RATE> 1 <CASH> 6,863 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 29,957 <INVESTMENTS-MARKET> 29,597 <LOANS> 643,339 <ALLOWANCE> 8,652 <TOTAL-ASSETS> 858,690 <DEPOSITS> 575,246 <SHORT-TERM> 163,694 <LIABILITIES-OTHER> 13,082 <LONG-TERM> 35,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 127 <OTHER-SE> 71,541 <TOTAL-LIABILITIES-AND-EQUITY> 858,690 <INTEREST-LOAN> 51,907 <INTEREST-INVEST> 11,713 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 63,620 <INTEREST-DEPOSIT> 25,834 <INTEREST-EXPENSE> 37,857 <INTEREST-INCOME-NET> 25,763 <LOAN-LOSSES> 850 <SECURITIES-GAINS> 25 <EXPENSE-OTHER> 23,976 <INCOME-PRETAX> 2,399 <INCOME-PRE-EXTRAORDINARY> 2,399 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,436 <EPS-PRIMARY> 0.11 <EPS-DILUTED> 0.11 <YIELD-ACTUAL> 7.93 <LOANS-NON> 15,336 <LOANS-PAST> 7,103 <LOANS-TROUBLED> 9,499 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 8,259 <CHARGE-OFFS> 733 <RECOVERIES> 457 <ALLOWANCE-CLOSE> 8,652 <ALLOWANCE-DOMESTIC> 8,652 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0