<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 8,159,765 <INT-BEARING-DEPOSITS> 101,986 <FED-FUNDS-SOLD> 8,950,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 33,163,199 <INVESTMENTS-CARRYING> 32,978,077 <INVESTMENTS-MARKET> 33,149,310 <LOANS> 258,302,556 <ALLOWANCE> 3,117,885 <TOTAL-ASSETS> 354,232,633 <DEPOSITS> 294,099,437 <SHORT-TERM> 10,769,860 <LIABILITIES-OTHER> 3,854,136 <LONG-TERM> 14,544,517 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,326,326 <OTHER-SE> 29,638,357 <TOTAL-LIABILITIES-AND-EQUITY> 354,232,633 <INTEREST-LOAN> 6,144,464 <INTEREST-INVEST> 992,211 <INTEREST-OTHER> 13,534 <INTEREST-TOTAL> 7,150,209 <INTEREST-DEPOSIT> 2,978,813 <INTEREST-EXPENSE> 3,298,218 <INTEREST-INCOME-NET> 3,851,991 <LOAN-LOSSES> 299,482 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,893,108 <INCOME-PRETAX> 1,074,735 <INCOME-PRE-EXTRAORDINARY> 1,074,735 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 784,862 <EPS-PRIMARY> .45 <EPS-DILUTED> .45 <YIELD-ACTUAL> 4.75 <LOANS-NON> 773,701 <LOANS-PAST> 2,484,279 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 250,000 <ALLOWANCE-OPEN> 3,080,494 <CHARGE-OFFS> 316,412 <RECOVERIES> 54,321 <ALLOWANCE-CLOSE> 3,117,885 <ALLOWANCE-DOMESTIC> 1,944,526 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,173,359