<ARTICLE> 9 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 5,185 <INT-BEARING-DEPOSITS> 2,967 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 50,296 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 4,471 <INVESTMENTS-MARKET> 4,483 <LOANS> 337,101 <ALLOWANCE> (2,777) <TOTAL-ASSETS> 428,078 <DEPOSITS> 323,433 <SHORT-TERM> 39,977 <LIABILITIES-OTHER> 11,170 <LONG-TERM> 1,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 428,078 <INTEREST-LOAN> 32,247 <INTEREST-INVEST> 254 <INTEREST-OTHER> 8,603 <INTEREST-TOTAL> 41,104 <INTEREST-DEPOSIT> 14,048 <INTEREST-EXPENSE> 22,915 <INTEREST-INCOME-NET> 18,189 <LOAN-LOSSES> 4,166 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 26,419 <INCOME-PRETAX> 1,787 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,059 <EPS-PRIMARY> 0.16 <EPS-DILUTED> 0.16 <YIELD-ACTUAL> 10.68 <LOANS-NON> 7,544 <LOANS-PAST> 7,544 <LOANS-TROUBLED> 131 <LOANS-PROBLEM> 9,337 <ALLOWANCE-OPEN> 2,573 <CHARGE-OFFS> (4,071) <RECOVERIES> 109 <ALLOWANCE-CLOSE> 2,777 <ALLOWANCE-DOMESTIC> 2,777 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 420