<ARTICLE> 9 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 816 <INT-BEARING-DEPOSITS> 2,101 <FED-FUNDS-SOLD> 550 <TRADING-ASSETS> 45,352 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 6,070 <INVESTMENTS-MARKET> 6,088 <LOANS> 320,917 <ALLOWANCE> (2,573) <TOTAL-ASSETS> 397,071 <DEPOSITS> 211,765 <SHORT-TERM> 109,170 <LIABILITIES-OTHER> 15,250 <LONG-TERM> 10,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 65 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 397,071 <INTEREST-LOAN> 17,746 <INTEREST-INVEST> 435 <INTEREST-OTHER> 2,965 <INTEREST-TOTAL> 21,146 <INTEREST-DEPOSIT> 8,038 <INTEREST-EXPENSE> 12,830 <INTEREST-INCOME-NET> 8,316 <LOAN-LOSSES> 1,850 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 15,990 <INCOME-PRETAX> 17,706 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,325 <EPS-PRIMARY> 2.11 <EPS-DILUTED> 2.02 <YIELD-ACTUAL> 10.40 <LOANS-NON> 5,126 <LOANS-PAST> 5,126 <LOANS-TROUBLED> 131 <LOANS-PROBLEM> 5,875 <ALLOWANCE-OPEN> 1,625 <CHARGE-OFFS> 909 <RECOVERIES> 7 <ALLOWANCE-CLOSE> 2,573 <ALLOWANCE-DOMESTIC> 2,573 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,402