<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> 4,525 <INT-BEARING-DEPOSITS> 100 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 14,587 <INVESTMENTS-CARRYING> 14,587 <INVESTMENTS-MARKET> 14,587 <LOANS> 65,634 <ALLOWANCE> (240) <TOTAL-ASSETS> 88,999 <DEPOSITS> 63,330 <SHORT-TERM> 6,500 <LIABILITIES-OTHER> 935 <LONG-TERM> 1,450 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,568 <OTHER-SE> 9,216 <TOTAL-LIABILITIES-AND-EQUITY> 88,999 <INTEREST-LOAN> 1,316 <INTEREST-INVEST> 227 <INTEREST-OTHER> 45 <INTEREST-TOTAL> 1,588 <INTEREST-DEPOSIT> 732 <INTEREST-EXPENSE> 826 <INTEREST-INCOME-NET> 762 <LOAN-LOSSES> (9) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 317 <INCOME-PRETAX> 488 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 304 <EPS-PRIMARY> .24 <EPS-DILUTED> .23 <YIELD-ACTUAL> 3.64 <LOANS-NON> 363 <LOANS-PAST> 363 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 245 <CHARGE-OFFS> 147 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 240 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 240