<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 9,596,288 <INT-BEARING-DEPOSITS> 17,195,996 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 36,898,380 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 789,924,359 <ALLOWANCE> 5,050,432 <TOTAL-ASSETS> 889,071,287 <DEPOSITS> 580,093,704 <SHORT-TERM> 18,171,715 <LIABILITIES-OTHER> 12,530,934 <LONG-TERM> 206,858,452 <COMMON> 64,933,817 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 6,482,665 <TOTAL-LIABILITIES-AND-EQUITY> 889,071,287 <INTEREST-LOAN> 14,669,666 <INTEREST-INVEST> 571,273 <INTEREST-OTHER> 382,201 <INTEREST-TOTAL> 15,623,140 <INTEREST-DEPOSIT> 5,713,343 <INTEREST-EXPENSE> 8,907,327 <INTEREST-INCOME-NET> 6,715,813 <LOAN-LOSSES> 105,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,665,612 <INCOME-PRETAX> 3,805,090 <INCOME-PRE-EXTRAORDINARY> 3,805,090 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,539,090 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0.30 <YIELD-ACTUAL> 3.11 <LOANS-NON> 379,759 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 17,356 <ALLOWANCE-OPEN> 5,004,148 <CHARGE-OFFS> 73,632 <RECOVERIES> 14,916 <ALLOWANCE-CLOSE> 5,050,432 <ALLOWANCE-DOMESTIC> 2,308,259 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,742,173