<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 822,646 <INT-BEARING-DEPOSITS> 2,971,654 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 28,445,873 <INVESTMENTS-CARRYING> 4,678,831 <INVESTMENTS-MARKET> 4,796,021 <LOANS> 43,462,851 <ALLOWANCE> 399,462 <TOTAL-ASSETS> 82,055,589 <DEPOSITS> 46,684,810 <SHORT-TERM> 7,883,000 <LIABILITIES-OTHER> 25,032,667 <LONG-TERM> 16,104,242 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 152,043 <OTHER-SE> 10,186,069 <TOTAL-LIABILITIES-AND-EQUITY> 82,055,589 <INTEREST-LOAN> 875,512 <INTEREST-INVEST> 531,552 <INTEREST-OTHER> 26,052 <INTEREST-TOTAL> 1,433,116 <INTEREST-DEPOSIT> 489,300 <INTEREST-EXPENSE> 812,445 <INTEREST-INCOME-NET> 620,671 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 3,696 <EXPENSE-OTHER> 373,253 <INCOME-PRETAX> 297,966 <INCOME-PRE-EXTRAORDINARY> 297,966 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 197,766 <EPS-PRIMARY> 0.23 <EPS-DILUTED> 0.21 <YIELD-ACTUAL> 3.13 <LOANS-NON> 24,020 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 116,547 <ALLOWANCE-OPEN> 409,984 <CHARGE-OFFS> 10,660 <RECOVERIES> 138 <ALLOWANCE-CLOSE> 399,462 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 399,462