<ARTICLE>                                            9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
UNAUDITED  FINANCIAL  STATEMENTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 1998
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-START>                                 JAN-01-1998
<PERIOD-END>                                   MAR-31-1998
<CASH>                                              10,294
<INT-BEARING-DEPOSITS>                                 350
<FED-FUNDS-SOLD>                                     1,591
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                         17,027
<INVESTMENTS-CARRYING>                                 146
<INVESTMENTS-MARKET>                                   146
<LOANS>                                             74,094
<ALLOWANCE>                                          1,529
<TOTAL-ASSETS>                                     121,452
<DEPOSITS>                                          18,614
<SHORT-TERM>                                        56,026
<LIABILITIES-OTHER>                                 13,291
<LONG-TERM>                                          5,266
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              1
<COMMON>                                            28,254
<OTHER-SE>                                               0
<TOTAL-LIABILITIES-AND-EQUITY>                     121,452
<INTEREST-LOAN>                                      2,487
<INTEREST-INVEST>                                      115
<INTEREST-OTHER>                                         0
<INTEREST-TOTAL>                                     2,604
<INTEREST-DEPOSIT>                                     285
<INTEREST-EXPENSE>                                   1,548
<INTEREST-INCOME-NET>                                1,054
<LOAN-LOSSES>                                           17
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                      9,928
<INCOME-PRETAX>                                      2,473
<INCOME-PRE-EXTRAORDINARY>                           1,435
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                         1,435
<EPS-PRIMARY>                                          .26
<EPS-DILUTED>                                          .26
<YIELD-ACTUAL>                                        4.91
<LOANS-NON>                                          6,771
<LOANS-PAST>                                             0
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                     1,687
<CHARGE-OFFS>                                          198
<RECOVERIES>                                            23
<ALLOWANCE-CLOSE>                                    1,529
<ALLOWANCE-DOMESTIC>                                 1,529
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0