<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> 13,205 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 27,223 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 157,141 <INVESTMENTS-CARRYING> 20,757 <INVESTMENTS-MARKET> 21,222 <LOANS> 316,099 <ALLOWANCE> 3,600 <TOTAL-ASSETS> 560,227 <DEPOSITS> 362,938 <SHORT-TERM> 82,548 <LIABILITIES-OTHER> 3,872 <LONG-TERM> 29,752 <PREFERRED-MANDATORY> 28,750 <PREFERRED> 0 <COMMON> 985 <OTHER-SE> 51,382 <TOTAL-LIABILITIES-AND-EQUITY> 560,227 <INTEREST-LOAN> 7,833 <INTEREST-INVEST> 1,361 <INTEREST-OTHER> 641 <INTEREST-TOTAL> 9,835 <INTEREST-DEPOSIT> 4,189 <INTEREST-EXPENSE> 5,279 <INTEREST-INCOME-NET> 4,556 <LOAN-LOSSES> 276 <SECURITIES-GAINS> 2 <EXPENSE-OTHER> 3,164 <INCOME-PRETAX> 1,606 <INCOME-PRE-EXTRAORDINARY> 1,381 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,381 <EPS-PRIMARY> .28 <EPS-DILUTED> .28 <YIELD-ACTUAL> 4.08<F1> <LOANS-NON> 732 <LOANS-PAST> 810 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,144 <CHARGE-OFFS> 207 <RECOVERIES> 52 <ALLOWANCE-CLOSE> 3,600<F2> <ALLOWANCE-DOMESTIC> 3,600 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1>Computed on a tax-equivalent basis. <F2>Includes allowance acquired through merger. </FN>