<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1996 <CASH> 871,985 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 2,426,871 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 598,673 <INVESTMENTS-MARKET> 647,859 <LOANS> 21,907,951 <ALLOWANCE> 434,020 <TOTAL-ASSETS> 29,841,160 <DEPOSITS> 27,416,565 <SHORT-TERM> 0 <LIABILITIES-OTHER> 23,497 <LONG-TERM> 18,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,069 <OTHER-SE> 2,222,850 <TOTAL-LIABILITIES-AND-EQUITY> 29,841,160 <INTEREST-LOAN> 1,036,511 <INTEREST-INVEST> 63,396 <INTEREST-OTHER> 59,853 <INTEREST-TOTAL> 1,159,760 <INTEREST-DEPOSIT> 716,825 <INTEREST-EXPENSE> 727,592 <INTEREST-INCOME-NET> 432,167 <LOAN-LOSSES> (13,206) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 610,490 <INCOME-PRETAX> 46,873 <INCOME-PRE-EXTRAORDINARY> 26,831 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 26,831 <EPS-PRIMARY> 0.25 <EPS-DILUTED> 0.25 <YIELD-ACTUAL> 4.49 <LOANS-NON> 395,000 <LOANS-PAST> 1,092,000 <LOANS-TROUBLED> 11,000 <LOANS-PROBLEM> 3,481,000 <ALLOWANCE-OPEN> 447,226 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 434,020 <ALLOWANCE-DOMESTIC> 434,020 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0