<ARTICLE> 9 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 20,158,000 <INT-BEARING-DEPOSITS> 453,000 <FED-FUNDS-SOLD> 6,500,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 114,027,000 <INVESTMENTS-CARRYING> 3,480,000 <INVESTMENTS-MARKET> 3,491,000 <LOANS> 348,217,000 <ALLOWANCE> 2,684,000 <TOTAL-ASSETS> 515,397,000 <DEPOSITS> 413,676,000 <SHORT-TERM> 50,786,000 <LIABILITIES-OTHER> 3,175,000 <LONG-TERM> 6,200,000 <COMMON> 3,771,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,100,000 <OTHER-SE> 33,033,000 <TOTAL-LIABILITIES-AND-EQUITY> 515,397,000 <INTEREST-LOAN> 27,827,000 <INTEREST-INVEST> 7,487,000 <INTEREST-OTHER> 245,000 <INTEREST-TOTAL> 35,559,000 <INTEREST-DEPOSIT> 15,310,000 <INTEREST-EXPENSE> 17,805,000 <INTEREST-INCOME-NET> 17,754,000 <LOAN-LOSSES> 147,000 <SECURITIES-GAINS> (9,000) <EXPENSE-OTHER> 15,977,000 <INCOME-PRETAX> 6,429,000 <INCOME-PRE-EXTRAORDINARY> 6,429,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,166,000 <EPS-PRIMARY> 4.22 <EPS-DILUTED> 3.98 <YIELD-ACTUAL> 3.98 <LOANS-NON> 790,000 <LOANS-PAST> 575,000 <LOANS-TROUBLED> 580,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,814,000 <CHARGE-OFFS> 375,000 <RECOVERIES> 98,000 <ALLOWANCE-CLOSE> 2,684,000 <ALLOWANCE-DOMESTIC> 2,684,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 244,000