<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1996 <CASH> 1,125,788 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 472,634 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 462,699 <INVESTMENTS-MARKET> 500,714 <LOANS> 22,055,728 <ALLOWANCE> 424,626 <TOTAL-ASSETS> 28,082,667 <DEPOSITS> 25,610,993 <SHORT-TERM> 0 <LIABILITIES-OTHER> 169,993 <LONG-TERM> 18,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,069 <OTHER-SE> 2,109,173 <TOTAL-LIABILITIES-AND-EQUITY> 28,082,667 <INTEREST-LOAN> 1,547,192 <INTEREST-INVEST> 84,635 <INTEREST-OTHER> 72,615 <INTEREST-TOTAL> 1,704,442 <INTEREST-DEPOSIT> 1,056,241 <INTEREST-EXPENSE> 1,067,345 <INTEREST-INCOME-NET> 637,097 <LOAN-LOSSES> (11,614) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,035,999 <INCOME-PRETAX> (86,846) <INCOME-PRE-EXTRAORDINARY> (86,846) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (86,846) <EPS-PRIMARY> (0.81) <EPS-DILUTED> (0.81) <YIELD-ACTUAL> 7.62 <LOANS-NON> 359,000 <LOANS-PAST> 1,642,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 75,000 <ALLOWANCE-OPEN> 447,226 <CHARGE-OFFS> 27,097 <RECOVERIES> 18,111 <ALLOWANCE-CLOSE> 424,626 <ALLOWANCE-DOMESTIC> 424,626 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0