<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 4,946 <INT-BEARING-DEPOSITS> 10,176 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 26,235 <INVESTMENTS-CARRYING> 26,181 <INVESTMENTS-MARKET> 26,151 <LOANS> 45,363 <ALLOWANCE> 278 <TOTAL-ASSETS> 87,549 <DEPOSITS> 44,024 <SHORT-TERM> 9,500 <LIABILITIES-OTHER> 346 <LONG-TERM> 17,733 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15 <OTHER-SE> 15,931 <TOTAL-LIABILITIES-AND-EQUITY> 87,549 <INTEREST-LOAN> 2,274 <INTEREST-INVEST> 1,218 <INTEREST-OTHER> 208 <INTEREST-TOTAL> 3,700 <INTEREST-DEPOSIT> 1,396 <INTEREST-EXPENSE> 2,182 <INTEREST-INCOME-NET> 1,518 <LOAN-LOSSES> 25 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,375 <INCOME-PRETAX> 487 <INCOME-PRE-EXTRAORDINARY> 487 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 321 <EPS-PRIMARY> .22 <EPS-DILUTED> .21 <YIELD-ACTUAL> 7.44 <LOANS-NON> 226 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 265 <CHARGE-OFFS> 12 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 278 <ALLOWANCE-DOMESTIC> 278 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0