<ARTICLE> 9 <LEGEND> This legend contains summary information extracted from the Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 2,181,063 <INT-BEARING-DEPOSITS> 4,255,653 <FED-FUNDS-SOLD> 1,500,000 <TRADING-ASSETS> 1,310,453 <INVESTMENTS-HELD-FOR-SALE> 12,463,747 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 71,268,765 <ALLOWANCE> 379,235 <TOTAL-ASSETS> 94,178,896 <DEPOSITS> 65,483,006 <SHORT-TERM> 13,500,000 <LIABILITIES-OTHER> 1,108,713 <LONG-TERM> 0 <PREFERRED-MANDATORY> 11,241 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 14,075,936 <TOTAL-LIABILITIES-AND-EQUITY> 94,178,896 <INTEREST-LOAN> 2,892,086 <INTEREST-INVEST> 555,842 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 3,447,928 <INTEREST-DEPOSIT> 1,440,123 <INTEREST-EXPENSE> 1,752,857 <INTEREST-INCOME-NET> 1,695,071 <LOAN-LOSSES> 31,425 <SECURITIES-GAINS> 196,828 <EXPENSE-OTHER> 1,315,596 <INCOME-PRETAX> 780,321 <INCOME-PRE-EXTRAORDINARY> 780,321 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 479,781 <EPS-PRIMARY> 0.50 <EPS-DILUTED> 0.50 <YIELD-ACTUAL> 3.92 <LOANS-NON> 668,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 354,631 <CHARGE-OFFS> 16,821 <RECOVERIES> 10,000 <ALLOWANCE-CLOSE> 379,235 <ALLOWANCE-DOMESTIC> 379,235 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0