<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1997 <CASH> 17,486 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 15,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 89,681 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 80,466 <LOANS> 150,525 <ALLOWANCE> 3,660 <TOTAL-ASSETS> 277,549 <DEPOSITS> 220,877 <SHORT-TERM> 25,027 <LIABILITIES-OTHER> 3,429 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,964 <OTHER-SE> 17,252 <TOTAL-LIABILITIES-AND-EQUITY> 277,549 <INTEREST-LOAN> 4,147 <INTEREST-INVEST> 1,370 <INTEREST-OTHER> 100 <INTEREST-TOTAL> 5,617 <INTEREST-DEPOSIT> 1,135 <INTEREST-EXPENSE> 1,550 <INTEREST-INCOME-NET> 4,067 <LOAN-LOSSES> 75 <SECURITIES-GAINS> (15) <EXPENSE-OTHER> 2,917 <INCOME-PRETAX> 2,642 <INCOME-PRE-EXTRAORDINARY> 2,642 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,556 <EPS-PRIMARY> 0.71 <EPS-DILUTED> 0.69 <YIELD-ACTUAL> .068 <LOANS-NON> 546 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,609 <CHARGE-OFFS> 45 <RECOVERIES> 21 <ALLOWANCE-CLOSE> 3,660 <ALLOWANCE-DOMESTIC> 3,660 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0