<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S 10-Q FOR PERIOD ENDING JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND THE NOTES THERETO. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 9,917,579 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 13,426,242 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 49,795,149 <INVESTMENTS-CARRYING> 21,563,169 <INVESTMENTS-MARKET> 21,708,356 <LOANS> 169,126,602 <ALLOWANCE> 2,857,332 <TOTAL-ASSETS> 273,190,229 <DEPOSITS> 232,553,610 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,696,100 <LONG-TERM> 2,113,524 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,558,463 <OTHER-SE> 34,268,532 <TOTAL-LIABILITIES-AND-EQUITY> 273,190,229 <INTEREST-LOAN> 9,150,691 <INTEREST-INVEST> 2,108,986 <INTEREST-OTHER> 325,889 <INTEREST-TOTAL> 11,585,566 <INTEREST-DEPOSIT> 4,676,964 <INTEREST-EXPENSE> 4,746,822 <INTEREST-INCOME-NET> 6,838,744 <LOAN-LOSSES> 413,518 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,009,454 <INCOME-PRETAX> 3,550,041 <INCOME-PRE-EXTRAORDINARY> 2,250,480 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,250,480 <EPS-PRIMARY> 1.45 <EPS-DILUTED> 1.45 <YIELD-ACTUAL> 1.05 <LOANS-NON> 1,256,848 <LOANS-PAST> 342,715 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,604,080 <CHARGE-OFFS> 295,856 <RECOVERIES> 135,590 <ALLOWANCE-CLOSE> 2,857,332 <ALLOWANCE-DOMESTIC> 2,857,332 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0