<ARTICLE> 9 <LEGEND> CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 1994 AND 1993 AND FOR EACH OF THE THREE YEARS IN THE PERIOD ENDED DECEMBER 31, 1994 AND INDEPENDENT AUDITORS' REPORT </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 4,677,000 <INT-BEARING-DEPOSITS> 6,627,000 <FED-FUNDS-SOLD> 21,300,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,807,000 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 55,119,000 <ALLOWANCE> 1,390,000 <TOTAL-ASSETS> 124,287,000 <DEPOSITS> 113,666,000 <SHORT-TERM> 0 <LIABILITIES-OTHER> 399,000 <LONG-TERM> 0 <COMMON> 11,332,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 124,287,000 <INTEREST-LOAN> 7,662,000 <INTEREST-INVEST> 393,000 <INTEREST-OTHER> 985,000 <INTEREST-TOTAL> 9,040,000 <INTEREST-DEPOSIT> 2,432,000 <INTEREST-EXPENSE> 2,432,000 <INTEREST-INCOME-NET> 6,608,000 <LOAN-LOSSES> 250,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 6,162,000 <INCOME-PRETAX> 1,003,000 <INCOME-PRE-EXTRAORDINARY> 1,001,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,001,000 <EPS-PRIMARY> 0.42 <EPS-DILUTED> 0.42 <YIELD-ACTUAL> .058 <LOANS-NON> 1,389,000 <LOANS-PAST> 1,473,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,250,000 <CHARGE-OFFS> 1,303,000 <RECOVERIES> 193,000 <ALLOWANCE-CLOSE> 1,390,000 <ALLOWANCE-DOMESTIC> 1,390,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0