<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     This schedule contains summary financial information extracted from the
Form 10-QSB and is qualified in its entirety by reference to the unaudited
financial statements contained therein.
</LEGEND>
<MULTIPLIER>                                   1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1998
<PERIOD-END>                                   MAR-31-1998
<CASH>                                                 508
<INT-BEARING-DEPOSITS>                               2,877
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                          5,557
<INVESTMENTS-CARRYING>                               5,150
<INVESTMENTS-MARKET>                                     0
<LOANS>                                             37,477
<ALLOWANCE>                                             58
<TOTAL-ASSETS>                                      53,295
<DEPOSITS>                                          30,601
<SHORT-TERM>                                         1,000
<LIABILITIES-OTHER>                                    374
<LONG-TERM>                                         14,620
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                                 0
<OTHER-SE>                                           6,987
<TOTAL-LIABILITIES-AND-EQUITY>                      53,295
<INTEREST-LOAN>                                        769
<INTEREST-INVEST>                                      186
<INTEREST-OTHER>                                        13
<INTEREST-TOTAL>                                       968
<INTEREST-DEPOSIT>                                     363
<INTEREST-EXPENSE>                                     568
<INTEREST-INCOME-NET>                                  400
<LOAN-LOSSES>                                            0
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                        364
<INCOME-PRETAX>                                         99
<INCOME-PRE-EXTRAORDINARY>                              99
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                            65
<EPS-PRIMARY>                                          .16
<EPS-DILUTED>                                          .16
<YIELD-ACTUAL>                                        7.49
<LOANS-NON>                                            172
<LOANS-PAST>                                             0
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                        66
<CHARGE-OFFS>                                            8
<RECOVERIES>                                             0
<ALLOWANCE-CLOSE>                                       58
<ALLOWANCE-DOMESTIC>                                     0
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                 58
        


</TABLE>