<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 2 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 59,934 <ALLOWANCE> 0 <TOTAL-ASSETS> 60,820 <DEPOSITS> 0 <SHORT-TERM> 0 <LIABILITIES-OTHER> 22 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 30,250 <COMMON> 30,250 <OTHER-SE> 298 <TOTAL-LIABILITIES-AND-EQUITY> 60,820 <INTEREST-LOAN> 961 <INTEREST-INVEST> 0 <INTEREST-OTHER> 7 <INTEREST-TOTAL> 968 <INTEREST-DEPOSIT> 0 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 968 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 64 <INCOME-PRETAX> 904 <INCOME-PRE-EXTRAORDINARY> 904 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 904 <EPS-PRIMARY> 7.01 <EPS-DILUTED> 7.01 <YIELD-ACTUAL> 7.15 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0