<ARTICLE> 9 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 60,536,136 <INT-BEARING-DEPOSITS> 198,000 <FED-FUNDS-SOLD> 23,100,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 28,031,932 <INVESTMENTS-CARRYING> 435,212,460 <INVESTMENTS-MARKET> 418,895,098 <LOANS> 425,560,623 <ALLOWANCE> 9,024,424 <TOTAL-ASSETS> 1,012,613,147 <DEPOSITS> 900,929,632 <SHORT-TERM> 90,000 <LIABILITIES-OTHER> 7,685,613 <LONG-TERM> 0 <COMMON> 49,972,140 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 53,935,762 <TOTAL-LIABILITIES-AND-EQUITY> 1,012,613,147 <INTEREST-LOAN> 35,482,131 <INTEREST-INVEST> 24,646,119 <INTEREST-OTHER> 1,287,557 <INTEREST-TOTAL> 61,415,807 <INTEREST-DEPOSIT> 21,138,660 <INTEREST-EXPENSE> 21,264,012 <INTEREST-INCOME-NET> 40,151,795 <LOAN-LOSSES> (885,000) <SECURITIES-GAINS> (299,173) <EXPENSE-OTHER> 33,091,508 <INCOME-PRETAX> 19,538,705 <INCOME-PRE-EXTRAORDINARY> 13,112,230 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,112,330 <EPS-PRIMARY> 2.62 <EPS-DILUTED> 2.62 <YIELD-ACTUAL> 4.49 <LOANS-NON> 1,277,156 <LOANS-PAST> 83,999 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 840,547 <ALLOWANCE-OPEN> 9,013,387 <CHARGE-OFFS> 1,373,077 <RECOVERIES> 2,269,114 <ALLOWANCE-CLOSE> 9,024,424 <ALLOWANCE-DOMESTIC> 9,024,424 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0