<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from Form 10-QSB
for the period ended March 31, 1998 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                           2,852
<INT-BEARING-DEPOSITS>                           5,974<F1>
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                          65,977
<INVESTMENTS-MARKET>                            66,087
<LOANS>                                         84,499
<ALLOWANCE>                                      1,274
<TOTAL-ASSETS>                                 165,418
<DEPOSITS>                                     143,409
<SHORT-TERM>                                     1,160
<LIABILITIES-OTHER>                              2,836<F4>
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,436
<OTHER-SE>                                      15,577
<TOTAL-LIABILITIES-AND-EQUITY>                 165,418
<INTEREST-LOAN>                                  1,808
<INTEREST-INVEST>                                1,029
<INTEREST-OTHER>                                    70
<INTEREST-TOTAL>                                 2,907
<INTEREST-DEPOSIT>                               1,838
<INTEREST-EXPENSE>                               1,838
<INTEREST-INCOME-NET>                            1,069
<LOAN-LOSSES>                                      100
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                    509<F2>
<INCOME-PRETAX>                                    510
<INCOME-PRE-EXTRAORDINARY>                         510
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       308
<EPS-PRIMARY>                                      .13
<EPS-DILUTED>                                      .09
<YIELD-ACTUAL>                                    2.81
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,173
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         1
<ALLOWANCE-CLOSE>                                1,274
<ALLOWANCE-DOMESTIC>                                 0<F3>
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0<F3>
<FN>
<F1>Includes short-term investments and interest-bearing deposits with banks.
<F4>Includes minority interest.
<F2>Other expense includes: salaries and employee benefits of $246, occupancy and
equipment of $74, and other expenses which totaled $189,000.
<F3>Items are only disclosed on an annual basis in the Company's Form 10-K, and
are, therefore, not included in this Financial Data Schedule.
</FN>
        

</TABLE>