<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 2,202,645 <INT-BEARING-DEPOSITS> 9,506,708 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 32,771,410 <INVESTMENTS-CARRYING> 21,039,105 <INVESTMENTS-MARKET> 20,558,444 <LOANS> 305,024,624 <ALLOWANCE> 1,046,946 <TOTAL-ASSETS> 381,054,272 <DEPOSITS> 298,695,936 <SHORT-TERM> 50,111,296 <LIABILITIES-OTHER> 1,971,205 <LONG-TERM> 0 <COMMON> 3,027,440 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 27,248,395 <TOTAL-LIABILITIES-AND-EQUITY> 381,054,272 <INTEREST-LOAN> 11,869,080 <INTEREST-INVEST> 2,117,742 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 13,986,822 <INTEREST-DEPOSIT> 6,871,617 <INTEREST-EXPENSE> 8,481,802 <INTEREST-INCOME-NET> 5,505,020 <LOAN-LOSSES> 190,000 <SECURITIES-GAINS> 261,964 <EXPENSE-OTHER> 3,817,595 <INCOME-PRETAX> 2,022,463 <INCOME-PRE-EXTRAORDINARY> 2,022,463 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,283,981 <EPS-PRIMARY> 0.43 <EPS-DILUTED> 0.40 <YIELD-ACTUAL> 3.02 <LOANS-NON> 0 <LOANS-PAST> 317,035 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 873,802 <CHARGE-OFFS> 16,856 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,046,946 <ALLOWANCE-DOMESTIC> 1,046,946 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0