<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
     FROM OUR DECEMBER 31, 1998 10-KSB AND IS QUALIFIED IN ITS
     ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                         1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-END>                                   DEC-31-1998
<CASH>                                               5,610
<INT-BEARING-DEPOSITS>                                   0
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                    30,225
<INVESTMENTS-HELD-FOR-SALE>                         16,481
<INVESTMENTS-CARRYING>                              16,678
<INVESTMENTS-MARKET>                                90,499
<LOANS>                                                940
<ALLOWANCE>                                        149,953
<TOTAL-ASSETS>                                     129,891
<DEPOSITS>                                             471
<SHORT-TERM>                                           823
<LIABILITIES-OTHER>                                  4,000
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                          4,489
<COMMON>                                            10,278
<OTHER-SE>                                         149,953
<TOTAL-LIABILITIES-AND-EQUITY>                       7,532
<INTEREST-LOAN>                                      2,406
<INTEREST-INVEST>                                      179
<INTEREST-OTHER>                                    10,117
<INTEREST-TOTAL>                                     4,342
<INTEREST-DEPOSIT>                                   4,452
<INTEREST-EXPENSE>                                   5,664
<INTEREST-INCOME-NET>                                  270
<LOAN-LOSSES>                                            0
<SECURITIES-GAINS>                                   3,609
<EXPENSE-OTHER>                                      2,570
<INCOME-PRETAX>                                      2,570
<INCOME-PRE-EXTRAORDINARY>                               0
<EXTRAORDINARY>                                          0
<CHANGES>                                              176
<NET-INCOME>                                         2,036
<EPS-PRIMARY>                                         2.50
<EPS-DILUTED>                                         2.25
<YIELD-ACTUAL>                                        4.72
<LOANS-NON>                                            205
<LOANS-PAST>                                            10
<LOANS-TROUBLED>                                       109
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                       767
<CHARGE-OFFS>                                          102
<RECOVERIES>                                             5
<ALLOWANCE-CLOSE>                                      940
<ALLOWANCE-DOMESTIC>                                   940
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        


</TABLE>