<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 4,062,902 <INT-BEARING-DEPOSITS> 18,636,927 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 34,963,080 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 749,910,957 <ALLOWANCE> 4,820,834 <TOTAL-ASSETS> 847,768,735 <DEPOSITS> 577,910,370 <SHORT-TERM> 26,477,451 <LIABILITIES-OTHER> 14,854,516 <LONG-TERM> 162,569,360 <COMMON> 63,802,021 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,155,017 <TOTAL-LIABILITIES-AND-EQUITY> 847,768,735 <INTEREST-LOAN> 14,424,980 <INTEREST-INVEST> 613,711 <INTEREST-OTHER> 512,949 <INTEREST-TOTAL> 15,551,640 <INTEREST-DEPOSIT> 6,203,371 <INTEREST-EXPENSE> 9,008,311 <INTEREST-INCOME-NET> 6,543,329 <LOAN-LOSSES> 97,500 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,882,496 <INCOME-PRETAX> 4,817,380 <INCOME-PRE-EXTRAORDINARY> 4,817,380 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,209,380 <EPS-PRIMARY> 0.39 <EPS-DILUTED> 0.37 <YIELD-ACTUAL> 3.14 <LOANS-NON> 1,469,091 <LOANS-PAST> 2,061 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 21,687 <ALLOWANCE-OPEN> 4,776,799 <CHARGE-OFFS> 71,169 <RECOVERIES> 17,704 <ALLOWANCE-CLOSE> 4,820,834 <ALLOWANCE-DOMESTIC> 2,100,278 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,720,556