<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 771,394 <INT-BEARING-DEPOSITS> 674,401 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 40,621,270 <INVESTMENTS-CARRYING> 8,920,586 <INVESTMENTS-MARKET> 9,200,626 <LOANS> 36,818,677 <ALLOWANCE> 414,032 <TOTAL-ASSETS> 89,456,828 <DEPOSITS> 46,841,744 <SHORT-TERM> 25,867,625 <LIABILITIES-OTHER> 28,912,675 <LONG-TERM> 2,219,117 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 74,750 <OTHER-SE> 13,627,659 <TOTAL-LIABILITIES-AND-EQUITY> 89,456,828 <INTEREST-LOAN> 749,565 <INTEREST-INVEST> 838,273 <INTEREST-OTHER> 8,910 <INTEREST-TOTAL> 1,596,748 <INTEREST-DEPOSIT> 546,399 <INTEREST-EXPENSE> 928,303 <INTEREST-INCOME-NET> 668,445 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 1,172 <EXPENSE-OTHER> 382,187 <INCOME-PRETAX> 333,503 <INCOME-PRE-EXTRAORDINARY> 243,103 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 243,103 <EPS-PRIMARY> 0.78 <EPS-DILUTED> 0.77 <YIELD-ACTUAL> 3.10 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 99,586 <ALLOWANCE-OPEN> 415,447 <CHARGE-OFFS> 1,695 <RECOVERIES> 280 <ALLOWANCE-CLOSE> 414,032 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 414,032