<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 5,198,091 <INT-BEARING-DEPOSITS> 51,144 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 15,554,284 <INVESTMENTS-CARRYING> 27,682,933 <INVESTMENTS-MARKET> 27,583,923 <LOANS> 94,053,409 <ALLOWANCE> 992,749 <TOTAL-ASSETS> 146,976,650 <DEPOSITS> 108,100,438 <SHORT-TERM> 13,934,278 <LIABILITIES-OTHER> 1,169,765 <LONG-TERM> 2,302,242 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 22,854 <OTHER-SE> 21,447,073 <TOTAL-LIABILITIES-AND-EQUITY> 146,976,650 <INTEREST-LOAN> 4,306,099 <INTEREST-INVEST> 1,160,788 <INTEREST-OTHER> 140,392 <INTEREST-TOTAL> 5,607,279 <INTEREST-DEPOSIT> 2,280,977 <INTEREST-EXPENSE> 2,737,958 <INTEREST-INCOME-NET> 2,869,321 <LOAN-LOSSES> 85,000 <SECURITIES-GAINS> 99 <EXPENSE-OTHER> 2,087,185 <INCOME-PRETAX> 1,190,963 <INCOME-PRE-EXTRAORDINARY> 1,190,963 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 802,344 <EPS-PRIMARY> .34 <EPS-DILUTED> .34 <YIELD-ACTUAL> 4.08 <LOANS-NON> 719,000 <LOANS-PAST> 73,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 928,817 <CHARGE-OFFS> 53,766 <RECOVERIES> 32,698 <ALLOWANCE-CLOSE> 992,749 <ALLOWANCE-DOMESTIC> 992,749 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0