<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 3,868 <INT-BEARING-DEPOSITS> 5,050 <FED-FUNDS-SOLD> 23,550 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 36,624 <INVESTMENTS-CARRYING> 27,189 <INVESTMENTS-MARKET> 27,052 <LOANS> 421,678 <ALLOWANCE> 1,671 <TOTAL-ASSETS> 540,408 <DEPOSITS> 424,737 <SHORT-TERM> 0 <LIABILITIES-OTHER> 6,045 <LONG-TERM> 44,476 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 559 <OTHER-SE> 64,591 <TOTAL-LIABILITIES-AND-EQUITY> 540,408 <INTEREST-LOAN> 8,296 <INTEREST-INVEST> 794 <INTEREST-OTHER> 477 <INTEREST-TOTAL> 9,567 <INTEREST-DEPOSIT> 5,297 <INTEREST-EXPENSE> 5,842 <INTEREST-INCOME-NET> 3,725 <LOAN-LOSSES> 20 <SECURITIES-GAINS> 62 <EXPENSE-OTHER> 2,330 <INCOME-PRETAX> 1,880 <INCOME-PRE-EXTRAORDINARY> 1,203 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,203 <EPS-PRIMARY> .22 <EPS-DILUTED> .22 <YIELD-ACTUAL> 2.90 <LOANS-NON> 799 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,658 <CHARGE-OFFS> 7 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,671 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,671