WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                                                                      9
<LEGEND>

         THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
         REGISTRANT'S MARCH 31, 1998 UNAUDITED STATEMENT OF CONDITION, STATEMENT
         OF OPERATION AND  STATEMENT OF CASH FLOWS,  AND NOTES  THERETO,  AND IS
         QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                                               1,000
<CURRENCY>                                                             US DOLLAR
       
<S>                                             <C>
<PERIOD-TYPE>                                   3-M0S
<FISCAL-YEAR-END>                                                    DEC-31-1998
<PERIOD-START>                                                       JAN-01-1998
<PERIOD-END>                                                         MAR-31-1998
<EXCHANGE-RATE>                                                                1
<CASH>                                                                    22,796
<INT-BEARING-DEPOSITS>                                                    11,565
<FED-FUNDS-SOLD>                                                               0
<TRADING-ASSETS>                                                               0
<INVESTMENTS-HELD-FOR-SALE>                                               46,508
<INVESTMENTS-CARRYING>                                                    39,849
<INVESTMENTS-MARKET>                                                      40,084
<LOANS>                                                                  224,442
<ALLOWANCE>                                                                3,680
<TOTAL-ASSETS>                                                           351,036
<DEPOSITS>                                                               292,214
<SHORT-TERM>                                                               5,900
<LIABILITIES-OTHER>                                                        2,453
<LONG-TERM>                                                               24,336
<COMMON>                                                                      26
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<OTHER-SE>                                                                26,107
<TOTAL-LIABILITIES-AND-EQUITY>                                           351,036
<INTEREST-LOAN>                                                            4,468
<INTEREST-INVEST>                                                          1,259
<INTEREST-OTHER>                                                             102
<INTEREST-TOTAL>                                                           5,829
<INTEREST-DEPOSIT>                                                         2,044
<INTEREST-EXPENSE>                                                         2,435
<INTEREST-INCOME-NET>                                                      3,394
<LOAN-LOSSES>                                                                141
<SECURITIES-GAINS>                                                            51
<EXPENSE-OTHER>                                                            2,711
<INCOME-PRETAX>                                                            1,110
<INCOME-PRE-EXTRAORDINARY>                                                   696
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                                 696
<EPS-PRIMARY>                                                               0.26
<EPS-DILUTED>                                                               0.25
<YIELD-ACTUAL>                                                              7.68
<LOANS-NON>                                                                3,280
<LOANS-PAST>                                                                 269
<LOANS-TROUBLED>                                                             260
<LOANS-PROBLEM>                                                                0
<ALLOWANCE-OPEN>                                                           3,537
<CHARGE-OFFS>                                                                  9
<RECOVERIES>                                                                  11
<ALLOWANCE-CLOSE>                                                          3,680
<ALLOWANCE-DOMESTIC>                                                       3,680
<ALLOWANCE-FOREIGN>                                                            0
<ALLOWANCE-UNALLOCATED>                                                        0
        

</TABLE>