<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 10,928 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 7,650 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 10,106 <INVESTMENTS-MARKET> 114,942 <LOANS> 272,046 <ALLOWANCE> 2,600 <TOTAL-ASSETS> 427,577 <DEPOSITS> 374,488 <SHORT-TERM> 893 <LIABILITIES-OTHER> 826 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21 <OTHER-SE> 42,903 <TOTAL-LIABILITIES-AND-EQUITY> 427,577 <INTEREST-LOAN> 21,884 <INTEREST-INVEST> 7,804 <INTEREST-OTHER> 411 <INTEREST-TOTAL> 30,099 <INTEREST-DEPOSIT> 12,385 <INTEREST-EXPENSE> 12,385 <INTEREST-INCOME-NET> 17,714 <LOAN-LOSSES> (316) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 16,884 <INCOME-PRETAX> 6,799 <INCOME-PRE-EXTRAORDINARY> 6,799 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,725 <EPS-PRIMARY> 2.20 <EPS-DILUTED> 2.20 <YIELD-ACTUAL> 4.51 <LOANS-NON> 1,031 <LOANS-PAST> 441 <LOANS-TROUBLED> 1,472 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,300 <CHARGE-OFFS> 122 <RECOVERIES> 106 <ALLOWANCE-CLOSE> 2,600 <ALLOWANCE-DOMESTIC> 2,600 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0