<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 249,433 <INT-BEARING-DEPOSITS> 3,617,645 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 33,094,947 <ALLOWANCE> 198,000 <TOTAL-ASSETS> 39,742,754 <DEPOSITS> 36,087,818 <SHORT-TERM> 0 <LIABILITIES-OTHER> 205,084 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 39,742,754 <INTEREST-LOAN> 1,895,954 <INTEREST-INVEST> 115,057 <INTEREST-OTHER> 184,863 <INTEREST-TOTAL> 2,195,874 <INTEREST-DEPOSIT> 1,293,013 <INTEREST-EXPENSE> 1,294,529 <INTEREST-INCOME-NET> 901,345 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 514,892 <INCOME-PRETAX> 408,566 <INCOME-PRE-EXTRAORDINARY> 408,566 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 257,490 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 7.80 <LOANS-NON> 0 <LOANS-PAST> 352,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 39,000 <ALLOWANCE-OPEN> 216,000 <CHARGE-OFFS> 18,000 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 198,000 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0