<TABLE> <S> <C>


<ARTICLE>                     9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM OUR JUNE 30,
1998 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000
<CURRENCY>                                     US Dollar
       
<S>                             <C>
<PERIOD-TYPE>                                        3-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-END>                                   JUN-30-1998
<EXCHANGE-RATE>                                     2,572 
<CASH>                                              8,611 
<INT-BEARING-DEPOSITS>                                  0 
<FED-FUNDS-SOLD>                                        0 
<TRADING-ASSETS>                                   18,705 
<INVESTMENTS-HELD-FOR-SALE>                        22,071 
<INVESTMENTS-CARRYING>                             22,376 
<INVESTMENTS-MARKET>                               81,684 
<LOANS>                                               862 
<ALLOWANCE>                                       137,700 
<TOTAL-ASSETS>                                    119,247 
<DEPOSITS>                                          3,142 
<SHORT-TERM>                                          780 
<LIABILITIES-OTHER>                                 1,000 
<LONG-TERM>                                             0 
<PREFERRED-MANDATORY>                                   0 
<PREFERRED>                                         4,120 
<COMMON>                                            9,411 
<OTHER-SE>                                        137,700 
<TOTAL-LIABILITIES-AND-EQUITY>                      1,854 
<INTEREST-LOAN>                                       548 
<INTEREST-INVEST>                                      55 
<INTEREST-OTHER>                                    2,457 
<INTEREST-TOTAL>                                    1,080 
<INTEREST-DEPOSIT>                                  1,091 
<INTEREST-EXPENSE>                                  1,367 
<INTEREST-INCOME-NET>                                  50 
<LOAN-LOSSES>                                           0 
<SECURITIES-GAINS>                                    862 
<EXPENSE-OTHER>                                       624 
<INCOME-PRETAX>                                       624 
<INCOME-PRE-EXTRAORDINARY>                              0 
<EXTRAORDINARY>                                         0 
<CHANGES>                                              20 
<NET-INCOME>                                          450 
<EPS-PRIMARY>                                        1.07 
<EPS-DILUTED>                                        1.07 
<YIELD-ACTUAL>                                       4.56
<LOANS-NON>                                           325 
<LOANS-PAST>                                          320 
<LOANS-TROUBLED>                                        0 
<LOANS-PROBLEM>                                         0 
<ALLOWANCE-OPEN>                                      767 
<CHARGE-OFFS>                                          34 
<RECOVERIES>                                            4 
<ALLOWANCE-CLOSE>                                     862 
<ALLOWANCE-DOMESTIC>                                  862 
<ALLOWANCE-FOREIGN>                                     0 
<ALLOWANCE-UNALLOCATED>                                 0 
                                                      


</TABLE>