<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 3,567 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 17,280 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 31,204 <INVESTMENTS-CARRYING> 37,084 <INVESTMENTS-MARKET> 37,083 <LOANS> 60,942 <ALLOWANCE> 1,775 <TOTAL-ASSETS> 127,343 <DEPOSITS> 95,099 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,114 <LONG-TERM> 10,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 111 <COMMON> 317 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 20,130 <INTEREST-LOAN> 3,826 <INTEREST-INVEST> 2,576 <INTEREST-OTHER> 66 <INTEREST-TOTAL> 6,468 <INTEREST-DEPOSIT> 2,077 <INTEREST-EXPENSE> 453 <INTEREST-INCOME-NET> 2,530 <LOAN-LOSSES> (1,477) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 5,219 <INCOME-PRETAX> 2,400 <INCOME-PRE-EXTRAORDINARY> 2,400 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,389 <EPS-PRIMARY> 0.08 <EPS-DILUTED> 0.07 <YIELD-ACTUAL> 4.70 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,200 <CHARGE-OFFS> 0 <RECOVERIES> 52 <ALLOWANCE-CLOSE> 1,775 <ALLOWANCE-DOMESTIC> 1,775 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0