WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 8,918 <INT-BEARING-DEPOSITS> 11,561 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 5,348 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 174,985 <ALLOWANCE> 984 <TOTAL-ASSETS> 238,506 <DEPOSITS> 179,832 <SHORT-TERM> 28,510 <LIABILITIES-OTHER> 11,536 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5 <OTHER-SE> 18,623 <TOTAL-LIABILITIES-AND-EQUITY> 238,506 <INTEREST-LOAN> 3,965 <INTEREST-INVEST> 115 <INTEREST-OTHER> 107 <INTEREST-TOTAL> 4,187 <INTEREST-DEPOSIT> 2,249 <INTEREST-EXPENSE> 2,804 <INTEREST-INCOME-NET> 1,383 <LOAN-LOSSES> 185 <SECURITIES-GAINS> 165 <EXPENSE-OTHER> 5,245 <INCOME-PRETAX> 543 <INCOME-PRE-EXTRAORDINARY> 543 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 386 <EPS-PRIMARY> .20 <EPS-DILUTED> .19 <YIELD-ACTUAL> 0 <LOANS-NON> 4,826 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 814 <CHARGE-OFFS> 19 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 984 <ALLOWANCE-DOMESTIC> 984 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 984