<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 296,933 <INT-BEARING-DEPOSITS> 8,516,483 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 35,424,328 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 53,094,039 <ALLOWANCE> 224,353 <TOTAL-ASSETS> 100,176,865 <DEPOSITS> 51,211,485 <SHORT-TERM> 7,250,000 <LIABILITIES-OTHER> 1,452,318 <LONG-TERM> 17,897,290 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,821 <OTHER-SE> 22,343,953 <TOTAL-LIABILITIES-AND-EQUITY> 100,176,865 <INTEREST-LOAN> 2,906,739 <INTEREST-INVEST> 1,825,651 <INTEREST-OTHER> 231,188 <INTEREST-TOTAL> 4,963,578 <INTEREST-DEPOSIT> 1,346,121 <INTEREST-EXPENSE> 2,194,638 <INTEREST-INCOME-NET> 2,768,940 <LOAN-LOSSES> 40,000 <SECURITIES-GAINS> 22,173 <EXPENSE-OTHER> 1,117,203 <INCOME-PRETAX> 1,704,744 <INCOME-PRE-EXTRAORDINARY> 1,704,744 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,132,288 <EPS-PRIMARY> 0.61 <EPS-DILUTED> 0.60 <YIELD-ACTUAL> 4.24 <LOANS-NON> 724,705 <LOANS-PAST> 2,067,791 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 186,000 <CHARGE-OFFS> 7,000 <RECOVERIES> 5,353 <ALLOWANCE-CLOSE> 224,353 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0