<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 18,425 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 35,600 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 38,042 <INVESTMENTS-CARRYING> 19,156 <INVESTMENTS-MARKET> 19,247 <LOANS> 167,788 <ALLOWANCE> 5,514 <TOTAL-ASSETS> 291,530 <DEPOSITS> 266,931 <SHORT-TERM> 820 <LIABILITIES-OTHER> 2,326 <LONG-TERM> 80 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,587 <OTHER-SE> 7,784 <TOTAL-LIABILITIES-AND-EQUITY> 291,530 <INTEREST-LOAN> 19,231 <INTEREST-INVEST> 2,589 <INTEREST-OTHER> 1,573 <INTEREST-TOTAL> 23,393 <INTEREST-DEPOSIT> 9,265 <INTEREST-EXPENSE> 9,289 <INTEREST-INCOME-NET> 14,104 <LOAN-LOSSES> 6,153 <SECURITIES-GAINS> 46 <EXPENSE-OTHER> 13,582 <INCOME-PRETAX> (574) <INCOME-PRE-EXTRAORDINARY> (574) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (161) <EPS-PRIMARY> (0.10) <EPS-DILUTED> (0.10) <YIELD-ACTUAL> 9.59 <LOANS-NON> 7,585 <LOANS-PAST> 328 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 6,166 <ALLOWANCE-OPEN> 4,053 <CHARGE-OFFS> 4,719 <RECOVERIES> 27 <ALLOWANCE-CLOSE> 5,514 <ALLOWANCE-DOMESTIC> 5,514 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0