<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,535,835 <INT-BEARING-DEPOSITS> 1,951,946 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,069,148 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 68,450,424 <ALLOWANCE> 330,003 <TOTAL-ASSETS> 77,703,660 <DEPOSITS> 65,813,437 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,129,761 <LONG-TERM> 621,934 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,714 <OTHER-SE> 9,131,814 <TOTAL-LIABILITIES-AND-EQUITY> 77,703,660 <INTEREST-LOAN> 1,497,377 <INTEREST-INVEST> 89,724 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,587,101 <INTEREST-DEPOSIT> 932,829 <INTEREST-EXPENSE> 944,160 <INTEREST-INCOME-NET> 642,941 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 387,005 <INCOME-PRETAX> 337,597 <INCOME-PRE-EXTRAORDINARY> 337,597 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 212,482 <EPS-PRIMARY> .32 <EPS-DILUTED> .32 <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