<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 7,242,998 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 17,000,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 28,715,110 <INVESTMENTS-CARRYING> 19,269,613 <INVESTMENTS-MARKET> 18,716,711 <LOANS> 154,314,258 <ALLOWANCE> 2,651,500 <TOTAL-ASSETS> 231,431,198 <DEPOSITS> 210,600,012 <SHORT-TERM> 1,392,782 <LIABILITIES-OTHER> 1,268,231 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 27,549 <OTHER-SE> 18,142,624 <TOTAL-LIABILITIES-AND-EQUITY> 231,431,198 <INTEREST-LOAN> 3,466,793 <INTEREST-INVEST> 821,134 <INTEREST-OTHER> 161,537 <INTEREST-TOTAL> 4,449,464 <INTEREST-DEPOSIT> 2,142,373 <INTEREST-EXPENSE> 13,143 <INTEREST-INCOME-NET> 2,293,948 <LOAN-LOSSES> 150,000 <SECURITIES-GAINS> 50,795 <EXPENSE-OTHER> 1,606,708 <INCOME-PRETAX> 859,408 <INCOME-PRE-EXTRAORDINARY> 859,408 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 535,760 <EPS-PRIMARY> .19 <EPS-DILUTED> .19 <YIELD-ACTUAL> 1.88 <LOANS-NON> 2,751,460 <LOANS-PAST> 517,186 <LOANS-TROUBLED> 281,588 <LOANS-PROBLEM> 800,000 <ALLOWANCE-OPEN> 2,497,774 <CHARGE-OFFS> 2,240 <RECOVERIES> 5,966 <ALLOWANCE-CLOSE> 2,651,500 <ALLOWANCE-DOMESTIC> 2,651,500 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0