<ARTICLE> 9 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS 6-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997 <PERIOD-END> SEP-30-1997 JUN-30-1997 MAR-31-1997 <CASH> 13,710 12,070 8,990 <INT-BEARING-DEPOSITS> 0 0 95 <FED-FUNDS-SOLD> 2,500 6,400 12,300 <TRADING-ASSETS> 0 0 0 <INVESTMENTS-HELD-FOR-SALE> 37,460 37,199 35,829 <INVESTMENTS-CARRYING> 0 0 0 <INVESTMENTS-MARKET> 0 0 0 <LOANS> 119,836 112,434 101,192 <ALLOWANCE> 2,211 1,891 1,699 <TOTAL-ASSETS> 188,948 186,870 181,552 <DEPOSITS> 174,978 170,862 161,476 <SHORT-TERM> 0 0 0 <LIABILITIES-OTHER> 1,525 3,963 6,179 <LONG-TERM> 0 0 0 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 9,276 9,276 9,201 <OTHER-SE> 2,995 2,694 4,836 <TOTAL-LIABILITIES-AND-EQUITY> 188,948 186,870 181,552 <INTEREST-LOAN> 9,034 5,704 2,800 <INTEREST-INVEST> 1,750 1,148 534 <INTEREST-OTHER> 354 255 114 <INTEREST-TOTAL> 11,138 7,107 3,448 <INTEREST-DEPOSIT> 3,900 2,569 1,259 <INTEREST-EXPENSE> 3,960 2,609 1,279 <INTEREST-INCOME-NET> 7,178 4,498 2,169 <LOAN-LOSSES> 1,295 835 0 <SECURITIES-GAINS> (34) (34) 2 <EXPENSE-OTHER> 10,771 8,351 2,545 <INCOME-PRETAX> (2,764) (3,288) 405 <INCOME-PRE-EXTRAORDINARY> (2,996) (3,288) 405 <EXTRAORDINARY> 135 0 0 <CHANGES> 0 0 0 <NET-INCOME> (1,606) (1,907) 235 <EPS-PRIMARY> (0.87) (1.03) 0.13 <EPS-DILUTED> (0.87) (1.03) 0.12 <YIELD-ACTUAL> 6.30 6.09 6.10 <LOANS-NON> 2,013 2,496 3,442 <LOANS-PAST> 184 222 9 <LOANS-TROUBLED> 31 31 0 <LOANS-PROBLEM> 273 261 282 <ALLOWANCE-OPEN> 1,615 1,615 1,615 <CHARGE-OFFS> 820 674 6 <RECOVERIES> 121 115 90 <ALLOWANCE-CLOSE> 2,211 1,891 1,699 <ALLOWANCE-DOMESTIC> 0 0 0 <ALLOWANCE-FOREIGN> 0 0 0 <ALLOWANCE-UNALLOCATED> 2,211 1,891 1,699