<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 6,972 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 15,200 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 39,228 <INVESTMENTS-CARRYING> 27,549 <INVESTMENTS-MARKET> 28,342 <LOANS> 137,729 <ALLOWANCE> 1,851 <TOTAL-ASSETS> 231,994 <DEPOSITS> 192,079 <SHORT-TERM> 3,335 <LIABILITIES-OTHER> 556 <LONG-TERM> 8,587 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8,847 <OTHER-SE> 18,590 <TOTAL-LIABILITIES-AND-EQUITY> 231,994 <INTEREST-LOAN> 12,043 <INTEREST-INVEST> 3,341 <INTEREST-OTHER> 640 <INTEREST-TOTAL> 16,024 <INTEREST-DEPOSIT> 7,195 <INTEREST-EXPENSE> 7,892 <INTEREST-INCOME-NET> 8,132 <LOAN-LOSSES> 183 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,574 <INCOME-PRETAX> 3,933 <INCOME-PRE-EXTRAORDINARY> 3,933 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,916 <EPS-PRIMARY> 4.37 <EPS-DILUTED> 4.37 <YIELD-ACTUAL> 4.09 <LOANS-NON> 21 <LOANS-PAST> 155 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,745 <CHARGE-OFFS> 217 <RECOVERIES> 47 <ALLOWANCE-CLOSE> 1,851 <ALLOWANCE-DOMESTIC> 1,851 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0