<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 5,434,553 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 3,200,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 43,382,896 <INVESTMENTS-CARRYING> 42,770,622 <INVESTMENTS-MARKET> 43,382,896 <LOANS> 116,162,782 <ALLOWANCE> 2,081,630 <TOTAL-ASSETS> 183,049,873 <DEPOSITS> 164,655,003 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,510,834 <LONG-TERM> 870,198 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,184,755 <OTHER-SE> 8,925,160 <TOTAL-LIABILITIES-AND-EQUITY> 183,049,873 <INTEREST-LOAN> 2,595,407 <INTEREST-INVEST> 527,009 <INTEREST-OTHER> 34,960 <INTEREST-TOTAL> 3,157,376 <INTEREST-DEPOSIT> 1,520,992 <INTEREST-EXPENSE> 1,532,239 <INTEREST-INCOME-NET> 1,625,137 <LOAN-LOSSES> 56,675 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,934,955 <INCOME-PRETAX> 567,460 <INCOME-PRE-EXTRAORDINARY> 567,460 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 421,204 <EPS-PRIMARY> .34 <EPS-DILUTED> .33 <YIELD-ACTUAL> 4.24 <LOANS-NON> 324,506 <LOANS-PAST> 4,331 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 515,212 <ALLOWANCE-OPEN> 2,023,752 <CHARGE-OFFS> 0 <RECOVERIES> 1,203 <ALLOWANCE-CLOSE> 2,081,630 <ALLOWANCE-DOMESTIC> 2,081,630 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0