<TABLE> <S> <C>

<ARTICLE>                                                                 9
<MULTIPLIER>                                                              1,000
       
<S>                                                                       <C>
<PERIOD-TYPE>                                                             YEAR
<FISCAL-YEAR-END>                                                         DEC-31-1998
<PERIOD-END>                                                              DEC-31-1998
<CASH>                                                                    5316
<INT-BEARING-DEPOSITS>                                                    11314
<FED-FUNDS-SOLD>                                                          1314
<TRADING-ASSETS>                                                          0
<INVESTMENTS-HELD-FOR-SALE>                                               18
<INVESTMENTS-CARRYING>                                                    4206
<INVESTMENTS-MARKET>                                                      4158
<LOANS>                                                                   194522
<ALLOWANCE>                                                               1845
<TOTAL-ASSETS>                                                            231040
<DEPOSITS>                                                                187632
<SHORT-TERM>                                                              17385
<LIABILITIES-OTHER>                                                       2396
<LONG-TERM>                                                               7791
<PREFERRED-MANDATORY>                                                     0
<PREFERRED>                                                               15008
<COMMON>                                                                  11
<OTHER-SE>                                                                817
<TOTAL-LIABILITIES-AND-EQUITY>                                            231040
<INTEREST-LOAN>                                                           14608
<INTEREST-INVEST>                                                         348
<INTEREST-OTHER>                                                          474
<INTEREST-TOTAL>                                                          15430
<INTEREST-DEPOSIT>                                                        8491
<INTEREST-EXPENSE>                                                        9778
<INTEREST-INCOME-NET>                                                     5652
<LOAN-LOSSES>                                                             13
<SECURITIES-GAINS>                                                        0
<EXPENSE-OTHER>                                                           7857
<INCOME-PRETAX>                                                           495
<INCOME-PRE-EXTRAORDINARY>                                                1013
<EXTRAORDINARY>                                                           0
<CHANGES>                                                                 0
<NET-INCOME>                                                              1013
<EPS-PRIMARY>                                                             (0.73)
<EPS-DILUTED>                                                             (0.73)
<YIELD-ACTUAL>                                                            2.93
<LOANS-NON>                                                               1264
<LOANS-PAST>                                                              0
<LOANS-TROUBLED>                                                          98
<LOANS-PROBLEM>                                                           1628
<ALLOWANCE-OPEN>                                                          2382
<CHARGE-OFFS>                                                             561
<RECOVERIES>                                                              11
<ALLOWANCE-CLOSE>                                                         1845
<ALLOWANCE-DOMESTIC>                                                      1700
<ALLOWANCE-FOREIGN>                                                       0
<ALLOWANCE-UNALLOCATED>                                                   145
        

</TABLE>