<ARTICLE>    9

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 Jan-01-1999
<PERIOD-END>                                   DEC-31-1999
<CASH>                                        5,728,992
<INT-BEARING-DEPOSITS>                        7,016,853
<FED-FUNDS-SOLD>                                      0
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                   2,923,750
<INVESTMENTS-CARRYING>                      162,805,318
<INVESTMENTS-MARKET>                        157,675,757
<LOANS>                                     154,676,553
<ALLOWANCE>                                   1,400,366
<TOTAL-ASSETS>                              348,306,837
<DEPOSITS>                                  234,977,812
<SHORT-TERM>                                  6,000,000
<LIABILITIES-OTHER>                           1,878,964
<LONG-TERM>                                  58,340,115
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                         41,972
<OTHER-SE>                                   47,067,974
<TOTAL-LIABILITIES-AND-EQUITY>              348,306,837
<INTEREST-LOAN>                              11,240,049
<INTEREST-INVEST>                            10,899,211
<INTEREST-OTHER>                                611,308
<INTEREST-TOTAL>                             22,750,568
<INTEREST-DEPOSIT>                            8,583,870
<INTEREST-EXPENSE>                           11,859,395
<INTEREST-INCOME-NET>                        10,891,173
<LOAN-LOSSES>                                         0
<SECURITIES-GAINS>                              126,597
<EXPENSE-OTHER>                               6,869,295
<INCOME-PRETAX>                               4,706,732
<INCOME-PRE-EXTRAORDINARY>                    3,043,349
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                  3,043,349
<EPS-BASIC>                                        0.76
<EPS-DILUTED>                                      0.76
<YIELD-ACTUAL>                                     3.31
<LOANS-NON>                                     792,000
<LOANS-PAST>                                          0
<LOANS-TROUBLED>                                 92,000
<LOANS-PROBLEM>                                       0
<ALLOWANCE-OPEN>                              1,716,790
<CHARGE-OFFS>                                   316,424
<RECOVERIES>                                          0
<ALLOWANCE-CLOSE>                             1,400,366
<ALLOWANCE-DOMESTIC>                            928,366
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                         472,000