<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 15,201,292 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 68,086,191 <INVESTMENTS-CARRYING> 17,736,079 <INVESTMENTS-MARKET> 17,944,595 <LOANS> 221,456,300 <ALLOWANCE> 3,727,341 <TOTAL-ASSETS> 336,703,127 <DEPOSITS> 298,983,848 <SHORT-TERM> 1,314,641 <LIABILITIES-OTHER> 1,830,944 <LONG-TERM> 4,451,548 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 34,583 <OTHER-SE> 30,087,563 <TOTAL-LIABILITIES-AND-EQUITY> 336,703,127 <INTEREST-LOAN> 4,768,939 <INTEREST-INVEST> 1,193,818 <INTEREST-OTHER> 104,039 <INTEREST-TOTAL> 6,066,796 <INTEREST-DEPOSIT> 2,607,655 <INTEREST-EXPENSE> 2,700,945 <INTEREST-INCOME-NET> 3,365,851 <LOAN-LOSSES> 150,000 <SECURITIES-GAINS> 291,566 <EXPENSE-OTHER> 2,423,463 <INCOME-PRETAX> 1,407,981 <INCOME-PRE-EXTRAORDINARY> 1,407,981 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 872,442 <EPS-PRIMARY> 0.25 <EPS-DILUTED> 0.25 <YIELD-ACTUAL> 4.43 <LOANS-NON> 2,997,563 <LOANS-PAST> 287,309 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,569,282 <CHARGE-OFFS> 3,870 <RECOVERIES> 11,929 <ALLOWANCE-CLOSE> 3,727,341 <ALLOWANCE-DOMESTIC> 3,727,341 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0