<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS RESTATED SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 
FORM 10-Q FOR THE 3 MONTHS ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FORM 10-Q.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<EXCHANGE-RATE>                                  1,000
<CASH>                                           8,752
<INT-BEARING-DEPOSITS>                           8,544
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     94,566
<INVESTMENTS-CARRYING>                          70,364
<INVESTMENTS-MARKET>                            68,904
<LOANS>                                        270,600
<ALLOWANCE>                                      1,570
<TOTAL-ASSETS>                                 478,457
<DEPOSITS>                                     287,544
<SHORT-TERM>                                    68,529
<LIABILITIES-OTHER>                              4,487
<LONG-TERM>                                     86,775
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           464
<OTHER-SE>                                      30,658
<TOTAL-LIABILITIES-AND-EQUITY>                 478,457
<INTEREST-LOAN>                                  5,514
<INTEREST-INVEST>                                2,820
<INTEREST-OTHER>                                    10
<INTEREST-TOTAL>                                 8,344
<INTEREST-DEPOSIT>                               2,624
<INTEREST-EXPENSE>                               4,817
<INTEREST-INCOME-NET>                            3,527
<LOAN-LOSSES>                                      120
<SECURITIES-GAINS>                                 121
<EXPENSE-OTHER>                                  3,128
<INCOME-PRETAX>                                  1,353
<INCOME-PRE-EXTRAORDINARY>                       1,353
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       834
<EPS-PRIMARY>                                      .22<F1>
<EPS-DILUTED>                                      .21<F2>
<YIELD-ACTUAL>                                    7.50
<LOANS-NON>                                        637
<LOANS-PAST>                                       249
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,433
<CHARGE-OFFS>                                       40
<RECOVERIES>                                        57
<ALLOWANCE-CLOSE>                                1,570
<ALLOWANCE-DOMESTIC>                             1,234
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                            336
        
<FN>
<F1> RESTATED TO REFLECT APPLICATION OF FAS 128 AND TWO FOR ONE
     STOCK SPLIT EFFECTIVE DECEMBER 12, 1997
<F2> RESTATED TO REFLECT TWO FOR ONE STOCK SPLIT EFFECTIVE DECEMBER 12, 1997
<1FN>

</TABLE>