<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 165,485,352 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 3,026,865 <MORTGAGE> 13,460,284 <REAL-ESTATE> 224,774 <TOTAL-INVEST> 192,817,966 <CASH> 3,233,439 <RECOVER-REINSURE> 96,116 <DEFERRED-ACQUISITION> 27,523,532 <TOTAL-ASSETS> 249,769,767 <POLICY-LOSSES> 185,449,221 <UNEARNED-PREMIUMS> 13,268,614 <POLICY-OTHER> 1,679,784 <POLICY-HOLDER-FUNDS> 1,961,493 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,447,418 <OTHER-SE> 39,096,963 <TOTAL-LIABILITY-AND-EQUITY> 249,769,767 <PREMIUMS> 26,834,172 <INVESTMENT-INCOME> 9,731,519 <INVESTMENT-GAINS> (54,122) <OTHER-INCOME> 224,476 <BENEFITS> 13,651,492 <UNDERWRITING-AMORTIZATION> 79,866 <UNDERWRITING-OTHER> 21,131,149 <INCOME-PRETAX> 1,873,538 <INCOME-TAX> 262,295 <INCOME-CONTINUING> 1,611,243 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,611,243 <EPS-PRIMARY> 1.79 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0