<TABLE> <S> <C>

<ARTICLE>                    9
<MULTIPLIER> 1,000
       
<S>                                                                                         <C>
<PERIOD-TYPE>                                                                                      3-MOS
<FISCAL-YEAR-END>                                                                            DEC-31-1998
<PERIOD-START>                                                                                JAN-1-1998
<PERIOD-END>                                                                                 MAR-31-1998
<CASH>                                                                                            22,962
<INT-BEARING-DEPOSITS>                                                                                 0
<FED-FUNDS-SOLD>                                                                                       0
<TRADING-ASSETS>                                                                                  10,202
<INVESTMENTS-HELD-FOR-SALE>                                                                       18,229
<INVESTMENTS-CARRYING>                                                                                 0
<INVESTMENTS-MARKET>                                                                                   0
<LOANS>                                                                                          267,424
<ALLOWANCE>                                                                                        (612)
<TOTAL-ASSETS>                                                                                   355,789
<DEPOSITS>                                                                                             0
<SHORT-TERM>                                                                                     246,578
<LIABILITIES-OTHER>                                                                                  276
<LONG-TERM>                                                                                        3,946
<PREFERRED-MANDATORY>                                                                                  0
<PREFERRED>                                                                                            0
<COMMON>                                                                                              80
<OTHER-SE>                                                                                       104,909
<TOTAL-LIABILITIES-AND-EQUITY>                                                                   355,789
<INTEREST-LOAN>                                                                                    5,774
<INTEREST-INVEST>                                                                                      0
<INTEREST-OTHER>                                                                                       0
<INTEREST-TOTAL>                                                                                   5,774
<INTEREST-DEPOSIT>                                                                                     0
<INTEREST-EXPENSE>                                                                                 2,716
<INTEREST-INCOME-NET>                                                                              3,058
<LOAN-LOSSES>                                                                                         48
<SECURITIES-GAINS>                                                                                     0
<EXPENSE-OTHER>                                                                                      488
<INCOME-PRETAX>                                                                                    2,177
<INCOME-PRE-EXTRAORDINARY>                                                                         2,177
<EXTRAORDINARY>                                                                                        0
<CHANGES>                                                                                              0
<NET-INCOME>                                                                                       2,177
<EPS-PRIMARY>                                                                                       0.27
<EPS-DILUTED>                                                                                       0.27
<YIELD-ACTUAL>                                                                                         0
<LOANS-NON>                                                                                            0
<LOANS-PAST>                                                                                           0
<LOANS-TROUBLED>                                                                                       0
<LOANS-PROBLEM>                                                                                        0
<ALLOWANCE-OPEN>                                                                                     564
<CHARGE-OFFS>                                                                                          0
<RECOVERIES>                                                                                           0
<ALLOWANCE-CLOSE>                                                                                    612
<ALLOWANCE-DOMESTIC>                                                                                 612
<ALLOWANCE-UNALLOCATED>                                                                                0
<ALLOWANCE-FOREIGN>                                                                                    0
        

</TABLE>