
<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 9
<RESTATED>
<MULTIPLIER> 1,000
       
<S>                                         <C>
<PERIOD-TYPE>                               YEAR
<FISCAL-YEAR-END>                           DEC-31-1996
<PERIOD-START>                              JAN-01-1996
<PERIOD-END>                                DEC-31-1996
<CASH>                                           38,286
<INT-BEARING-DEPOSITS>                           44,972
<FED-FUNDS-SOLD>                                      0
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                      52,044
<INVESTMENTS-CARRYING>                           11,621
<INVESTMENTS-MARKET>                                  0
<LOANS>                                         523,151
<ALLOWANCE>                                       5,282
<TOTAL-ASSETS>                                  706,448
<DEPOSITS>                                      596,504
<SHORT-TERM>                                          0
<LIABILITIES-OTHER>                               7,720
<LONG-TERM>                                      34,000
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                         62,980
<OTHER-SE>                                        5,244
<TOTAL-LIABILITIES-AND-EQUITY>                  706,448
<INTEREST-LOAN>                                  43,240
<INTEREST-INVEST>                                 3,062
<INTEREST-OTHER>                                  1,583
<INTEREST-TOTAL>                                 47,885
<INTEREST-DEPOSIT>                               20,370
<INTEREST-EXPENSE>                               22,541
<INTEREST-INCOME-NET>                            25,344
<LOAN-LOSSES>                                     1,635
<SECURITIES-GAINS>                                    0
<EXPENSE-OTHER>                                  24,905
<INCOME-PRETAX>                                   5,114
<INCOME-PRE-EXTRAORDINARY>                        4,635
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                      4,635
<EPS-PRIMARY>                                      0.97
<EPS-DILUTED>                                      0.93
<YIELD-ACTUAL>                                     4.58
<LOANS-NON>                                       2,256
<LOANS-PAST>                                          0
<LOANS-TROUBLED>                                     25
<LOANS-PROBLEM>                                     346
<ALLOWANCE-OPEN>                                  4,340
<CHARGE-OFFS>                                       720
<RECOVERIES>                                         27
<ALLOWANCE-CLOSE>                                 5,282
<ALLOWANCE-DOMESTIC>                              5,282
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                           (225)
        

</TABLE>
