<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                         900,130
<INT-BEARING-DEPOSITS>                         196,696
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 30,462,347
<INVESTMENTS-CARRYING>                      11,741,725
<INVESTMENTS-MARKET>                        11,925,251
<LOANS>                                     34,350,283
<ALLOWANCE>                                    417,376
<TOTAL-ASSETS>                              79,474,539
<DEPOSITS>                                  44,873,144
<SHORT-TERM>                                18,700,000
<LIABILITIES-OTHER>                         21,762,360
<LONG-TERM>                                  2,254,742
<PREFERRED-MANDATORY>                                0
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<COMMON>                                        74,750
<OTHER-SE>                                  12,595,428
<TOTAL-LIABILITIES-AND-EQUITY>              79,474,539
<INTEREST-LOAN>                                700,633
<INTEREST-INVEST>                              703,424
<INTEREST-OTHER>                                 5,613
<INTEREST-TOTAL>                             1,409,670
<INTEREST-DEPOSIT>                             511,461
<INTEREST-EXPENSE>                             786,383
<INTEREST-INCOME-NET>                          623,287
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                658,748
<INCOME-PRETAX>                                  2,880
<INCOME-PRE-EXTRAORDINARY>                    (26,320)
<EXTRAORDINARY>                                      0
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<EPS-PRIMARY>                                   (0.04)
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<YIELD-ACTUAL>                                    3.30
<LOANS-NON>                                     52,149
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
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<ALLOWANCE-OPEN>                               417,376
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              417,376
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        417,376