<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 1,359 <INT-BEARING-DEPOSITS> 3,795 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 14,604 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 57,132 <ALLOWANCE> 239 <TOTAL-ASSETS> 79,298 <DEPOSITS> 59,389 <SHORT-TERM> 0 <LIABILITIES-OTHER> 824 <LONG-TERM> 3,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,518 <OTHER-SE> 8,067 <TOTAL-LIABILITIES-AND-EQUITY> 79,298 <INTEREST-LOAN> 1,197 <INTEREST-INVEST> 224 <INTEREST-OTHER> 53 <INTEREST-TOTAL> 1,475 <INTEREST-DEPOSIT> 684 <INTEREST-EXPENSE> 729 <INTEREST-INCOME-NET> 746 <LOAN-LOSSES> 3 <SECURITIES-GAINS> (32) <EXPENSE-OTHER> 316 <INCOME-PRETAX> 430 <INCOME-PRE-EXTRAORDINARY> 272 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 272 <EPS-PRIMARY> .22 <EPS-DILUTED> .21 <YIELD-ACTUAL> 3.97 <LOANS-NON> 0 <LOANS-PAST> 356 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 236 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 239 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 239