<ARTICLE> 9 <MULTIPLIER> 1 <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-TYPE> 3-MOS <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 14,742,876 <INT-BEARING-DEPOSITS> 465,405 <FED-FUNDS-SOLD> 8,096,025 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 300,929,464 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 307,900,341 <ALLOWANCE> 3,028,522 <TOTAL-ASSETS> 668,199,538 <DEPOSITS> 430,331,434 <SHORT-TERM> 165,223,065 <LIABILITIES-OTHER> 23,642,091 <LONG-TERM> 12,657,609 <COMMON> 7,824,185 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 28,521,154 <TOTAL-LIABILITIES-AND-EQUITY> 668,199,538 <INTEREST-LOAN> 6,486,015 <INTEREST-INVEST> 4,301,886 <INTEREST-OTHER> 123,373 <INTEREST-TOTAL> 10,911,274 <INTEREST-DEPOSIT> 4,445,526 <INTEREST-EXPENSE> 6,607,552 <INTEREST-INCOME-NET> 4,303,722 <LOAN-LOSSES> 75,000 <SECURITIES-GAINS> 267,812 <EXPENSE-OTHER> 3,642,350 <INCOME-PRETAX> 1,586,012 <INCOME-PRE-EXTRAORDINARY> 1,284,620 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,284,620 <EPS-PRIMARY> 0.41 <EPS-DILUTED> 0.41 <YIELD-ACTUAL> 0283 <LOANS-NON> 1,087,000 <LOANS-PAST> 1,318,000 <LOANS-TROUBLED> 325,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0