<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
This schedule contains summary financial information from SEC Form 10-KSB and is
qualifed in its entirety by reference to such financial information.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                           DEC-31-1998
<PERIOD-START>                              MAY-18-1998
<PERIOD-END>                                DEC-31-1998
<CASH>                                           92,000
<INT-BEARING-DEPOSITS>                                0
<FED-FUNDS-SOLD>                              8,350,000
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                           0
<INVESTMENTS-CARRYING>                                0
<INVESTMENTS-MARKET>                                  0
<LOANS>                                               0
<ALLOWANCE>                                           0
<TOTAL-ASSETS>                                8,733,000
<DEPOSITS>                                            0
<SHORT-TERM>                                          0
<LIABILITIES-OTHER>                             126,000
<LONG-TERM>                                           0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                      8,756,000
<OTHER-SE>                                     (149,000)
<TOTAL-LIABILITIES-AND-EQUITY>                8,733,000
<INTEREST-LOAN>                                       0
<INTEREST-INVEST>                                35,000
<INTEREST-OTHER>                                      0
<INTEREST-TOTAL>                                      0
<INTEREST-DEPOSIT>                                    0
<INTEREST-EXPENSE>                                4,000
<INTEREST-INCOME-NET>                                 0
<LOAN-LOSSES>                                         0
<SECURITIES-GAINS>                                    0
<EXPENSE-OTHER>                                 180,000
<INCOME-PRETAX>                                (149,000)
<INCOME-PRE-EXTRAORDINARY>                     (149,000)
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                   (149,000)
<EPS-PRIMARY>                                     (0.96)
<EPS-DILUTED>                                     (0.96)
<YIELD-ACTUAL>                                        0
<LOANS-NON>                                           0
<LOANS-PAST>                                          0
<LOANS-TROUBLED>                                      0
<LOANS-PROBLEM>                                       0
<ALLOWANCE-OPEN>                                      0
<CHARGE-OFFS>                                         0
<RECOVERIES>                                          0
<ALLOWANCE-CLOSE>                                     0
<ALLOWANCE-DOMESTIC>                                  0
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                               0
        

</TABLE>