WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   QTR-1
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                       6,385,997
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                             7,365,801
<TRADING-ASSETS>                               551,640
<INVESTMENTS-HELD-FOR-SALE>                 26,742,722
<INVESTMENTS-CARRYING>                       2,779,589
<INVESTMENTS-MARKET>                         2,779,589
<LOANS>                                    505,388,320
<ALLOWANCE>                               (12,703,169)
<TOTAL-ASSETS>                             580,320,232
<DEPOSITS>                                  70,180,576
<SHORT-TERM>                                66,732,425
<LIABILITIES-OTHER>                         20,016,473
<LONG-TERM>                                125,292,961
<COMMON>                                    92,645,141
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITIES-AND-EQUITY>             580,320,232
<INTEREST-LOAN>                             10,883,467
<INTEREST-INVEST>                              884,731
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            11,768,198
<INTEREST-DEPOSIT>                             714,463
<INTEREST-EXPENSE>                           6,689,961
<INTEREST-INCOME-NET>                        5,078,237
<LOAN-LOSSES>                                  219,200
<SECURITIES-GAINS>                             (83,538)
<EXPENSE-OTHER>                                615,545
<INCOME-PRETAX>                              2,557,936
<INCOME-PRE-EXTRAORDINARY>                   2,557,936
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,452,872
<EPS-PRIMARY>                                     2.65
<EPS-DILUTED>                                     2.65
<YIELD-ACTUAL>                                    3.71
<LOANS-NON>                                  2,019,375
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                             2,116,528
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                            13,031,499
<CHARGE-OFFS>                                (555,276)
<RECOVERIES>                                     7,746
<ALLOWANCE-CLOSE>                           12,703,169
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                     12,703,169