<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> APR-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 15,074 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 126,540 <ALLOWANCE> 1,793 <TOTAL-ASSETS> 267,408 <DEPOSITS> 230,326 <SHORT-TERM> 4,250 <LIABILITIES-OTHER> 3,543 <LONG-TERM> 0 <PREFERRED-MANDATORY> 25,424 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,865 <TOTAL-LIABILITIES-AND-EQUITY> 267,408 <INTEREST-LOAN> 4,790 <INTEREST-INVEST> 107 <INTEREST-OTHER> 150 <INTEREST-TOTAL> 5,047 <INTEREST-DEPOSIT> 1,393 <INTEREST-EXPENSE> 1,408 <INTEREST-INCOME-NET> 3,639 <LOAN-LOSSES> 200 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 6,587 <INCOME-PRETAX> 3,165 <INCOME-PRE-EXTRAORDINARY> 3,165 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,836 <EPS-PRIMARY> .67 <EPS-DILUTED> .63 <YIELD-ACTUAL> 6.28 <LOANS-NON> 561 <LOANS-PAST> 693 <LOANS-TROUBLED> 1,048 <LOANS-PROBLEM> 4,660 <ALLOWANCE-OPEN> 1,611 <CHARGE-OFFS> 64 <RECOVERIES> 46 <ALLOWANCE-CLOSE> 1,793 <ALLOWANCE-DOMESTIC> 1,793 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0