<TABLE> <S> <C>

<ARTICLE>                                                               9
<MULTIPLIER>                                                            1,000

<S>                                                                     <C>
<PERIOD-TYPE>                                                           YEAR
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-END>                                                            DEC-31-1997
<CASH>                                                                  2023
<INT-BEARING-DEPOSITS>                                                  6262
<FED-FUNDS-SOLD>                                                        2748
<TRADING-ASSETS>                                                        0
<INVESTMENTS-HELD-FOR-SALE>                                             17
<INVESTMENTS-CARRYING>                                                  4204
<INVESTMENTS-MARKET>                                                    4103
<LOANS>                                                                 169852
<ALLOWANCE>                                                             2382
<TOTAL-ASSETS>                                                          195088
<DEPOSITS>                                                              153927
<SHORT-TERM>                                                            21275
<LIABILITIES-OTHER>                                                     2393
<LONG-TERM>                                                             2676
<PREFERRED-MANDATORY>                                                   0
<PREFERRED>                                                             15008
<COMMON>                                                                11
<OTHER-SE>                                                              (202)
<TOTAL-LIABILITIES-AND-EQUITY>                                          195088
<INTEREST-LOAN>                                                         13588
<INTEREST-INVEST>                                                       478
<INTEREST-OTHER>                                                        481
<INTEREST-TOTAL>                                                        14548
<INTEREST-DEPOSIT>                                                      7679
<INTEREST-EXPENSE>                                                      9230
<INTEREST-INCOME-NET>                                                   5317
<LOAN-LOSSES>                                                           113
<SECURITIES-GAINS>                                                      0
<EXPENSE-OTHER>                                                         7963
<INCOME-PRETAX>                                                         (297)
<INCOME-PRE-EXTRAORDINARY>                                              (297)
<EXTRAORDINARY>                                                         0
<CHANGES>                                                               0
<NET-INCOME>                                                            (297)
<EPS-PRIMARY>                                                           (1.83)
<EPS-DILUTED>                                                           (1.83)
<YIELD-ACTUAL>                                                          3.01
<LOANS-NON>                                                             1556
<LOANS-PAST>                                                            21
<LOANS-TROUBLED>                                                        209
<LOANS-PROBLEM>                                                         1787
<ALLOWANCE-OPEN>                                                        2556
<CHARGE-OFFS>                                                           656
<RECOVERIES>                                                            369
<ALLOWANCE-CLOSE>                                                       2382
<ALLOWANCE-DOMESTIC>                                                    1938
<ALLOWANCE-FOREIGN>                                                     0
<ALLOWANCE-UNALLOCATED>                                                 444


</TABLE>