<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 13,206 <INT-BEARING-DEPOSITS> 22,609 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,768 <INVESTMENTS-CARRYING> 15,981 <INVESTMENTS-MARKET> 16,100 <LOANS> 548,669 <ALLOWANCE> 1,783 <TOTAL-ASSETS> 637,135 <DEPOSITS> 443,227 <SHORT-TERM> 0 <LIABILITIES-OTHER> 8,286 <LONG-TERM> 125,483 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,480 <OTHER-SE> 54,659 <TOTAL-LIABILITIES-AND-EQUITY> 637,135 <INTEREST-LOAN> 40,478 <INTEREST-INVEST> 1,816 <INTEREST-OTHER> 1,989 <INTEREST-TOTAL> 44,283 <INTEREST-DEPOSIT> 19,538 <INTEREST-EXPENSE> 24,852 <INTEREST-INCOME-NET> 19,431 <LOAN-LOSSES> 250 <SECURITIES-GAINS> 12 <EXPENSE-OTHER> 16,319 <INCOME-PRETAX> 10,414 <INCOME-PRE-EXTRAORDINARY> 7,004 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,004 <EPS-BASIC> 1.22 <EPS-DILUTED> 1.19 <YIELD-ACTUAL> 3.48 <LOANS-NON> 1,625 <LOANS-PAST> 2,671 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,596 <CHARGE-OFFS> 70 <RECOVERIES> 7 <ALLOWANCE-CLOSE> 1,783 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,783