<ARTICLE> 9 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <EXCHANGE-RATE> 1 <CASH> 6,563,575 <INT-BEARING-DEPOSITS> 8,699,000 <FED-FUNDS-SOLD> 8,950,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 18,356,764 <INVESTMENTS-CARRYING> 120,000 <INVESTMENTS-MARKET> 0 <LOANS> 24,689,143 <ALLOWANCE> 528,827 <TOTAL-ASSETS> 70,298,160 <DEPOSITS> 63,800,994 <SHORT-TERM> 0 <LIABILITIES-OTHER> 410,328 <LONG-TERM> 0 <COMMON> 4,453,300 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,633,538 <TOTAL-LIABILITIES-AND-EQUITY> 70,298,160 <INTEREST-LOAN> 791,817 <INTEREST-INVEST> 535,142 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,326,959 <INTEREST-DEPOSIT> 280,460 <INTEREST-EXPENSE> 280,460 <INTEREST-INCOME-NET> 1,046,499 <LOAN-LOSSES> 30,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 902,074 <INCOME-PRETAX> 291,736 <INCOME-PRE-EXTRAORDINARY> 291,736 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 170,636 <EPS-PRIMARY> .30 <EPS-DILUTED> .30 <YIELD-ACTUAL> 0 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0