<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-2000 <CASH> 10,708,543 <INT-BEARING-DEPOSITS> 287,676 <FED-FUNDS-SOLD> 1,307,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 291,469,167 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 396,189,345 <ALLOWANCE> 3,198,353 <TOTAL-ASSETS> 724,660,286 <DEPOSITS> 458,417,494 <SHORT-TERM> 215,223,595 <LIABILITIES-OTHER> 7,948,337 <LONG-TERM> 12,650,000 <COMMON> 7,824,185 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 22,596,675 <TOTAL-LIABILITIES-AND-EQUITY> 724,660,286 <INTEREST-LOAN> 8,086,983 <INTEREST-INVEST> 4,794,049 <INTEREST-OTHER> 60,720 <INTEREST-TOTAL> 12,941,752 <INTEREST-DEPOSIT> 4,909,847 <INTEREST-EXPENSE> 8,299,697 <INTEREST-INCOME-NET> 4,462,055 <LOAN-LOSSES> 180,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,577,616 <INCOME-PRETAX> 1,687,993 <INCOME-PRE-EXTRAORDINARY> 1,340,827 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,340,827 <EPS-BASIC> 0.43 <EPS-DILUTED> 0.43 <YIELD-ACTUAL> 0272 <LOANS-NON> 1,153,000 <LOANS-PAST> 2,106,000 <LOANS-TROUBLED> 346,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0