<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> 9,831 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,469 <INVESTMENTS-CARRYING> 5,011 <INVESTMENTS-MARKET> 5,042 <LOANS> 153,870 <ALLOWANCE> 1,637 <TOTAL-ASSETS> 181,474 <DEPOSITS> 164,025 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,059 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,404 <OTHER-SE> 4,986 <TOTAL-LIABILITIES-AND-EQUITY> 181,474 <INTEREST-LOAN> 3,664 <INTEREST-INVEST> 84 <INTEREST-OTHER> 113 <INTEREST-TOTAL> 3,861 <INTEREST-DEPOSIT> 1,313 <INTEREST-EXPENSE> 1,333 <INTEREST-INCOME-NET> 2,528 <LOAN-LOSSES> 270 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 5,927 <INCOME-PRETAX> 1,052 <INCOME-PRE-EXTRAORDINARY> 1,052 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 606 <EPS-PRIMARY> 0.39 <EPS-DILUTED> 0.36 <YIELD-ACTUAL> 6.64 <LOANS-NON> 2,095 <LOANS-PAST> 0 <LOANS-TROUBLED> 104 <LOANS-PROBLEM> 1,085 <ALLOWANCE-OPEN> 1,521 <CHARGE-OFFS> 158 <RECOVERIES> 4 <ALLOWANCE-CLOSE> 1,637 <ALLOWANCE-DOMESTIC> 1,200 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 437