<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM
THE QUARTERLY REPORT ON FORM 10-QSB AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION.
</LEGEND>
<MULTIPLIER>                                   1
       
<S>                                            <C>
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-END>                                   MAR-31-1998
<CASH>                                             448,992
<INT-BEARING-DEPOSITS>                          14,158,618
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                      3,140,084
<INVESTMENTS-CARRYING>                          13,050,957
<INVESTMENTS-MARKET>                            13,250,907
<LOANS>                                         13,131,638
<ALLOWANCE>                                        113,193
<TOTAL-ASSETS>                                  46,123,908
<DEPOSITS>                                      35,692,058
<SHORT-TERM>                                             0
<LIABILITIES-OTHER>                                651,976
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            72,600
<OTHER-SE>                                       9,707,274
<TOTAL-LIABILITIES-AND-EQUITY>                  46,123,908
<INTEREST-LOAN>                                    251,680
<INTEREST-INVEST>                                  268,498
<INTEREST-OTHER>                                   156,329
<INTEREST-TOTAL>                                   676,507
<INTEREST-DEPOSIT>                                 379,531
<INTEREST-EXPENSE>                                 379,531
<INTEREST-INCOME-NET>                              296,976
<LOAN-LOSSES>                                        6,748
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                    328,811
<INCOME-PRETAX>                                    (10,918)
<INCOME-PRE-EXTRAORDINARY>                               0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                       (10,918)
<EPS-PRIMARY>                                          .03
<EPS-DILUTED>                                            0
<YIELD-ACTUAL>                                        2.95
<LOANS-NON>                                         82,000
<LOANS-PAST>                                        80,000
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                   109,951
<CHARGE-OFFS>                                        3,506
<RECOVERIES>                                             0
<ALLOWANCE-CLOSE>                                  113,193
<ALLOWANCE-DOMESTIC>                               113,193
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        


</TABLE>