<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 2,691,839 <INT-BEARING-DEPOSITS> 8,541,368 <FED-FUNDS-SOLD> 1,650,000 <TRADING-ASSETS> 2,017,005 <INVESTMENTS-HELD-FOR-SALE> 11,844,286 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 75,537,610 <ALLOWANCE> 387,994 <TOTAL-ASSETS> 103,387,828 <DEPOSITS> 73,744,886 <SHORT-TERM> 13,500,000 <LIABILITIES-OTHER> 1,732,429 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,241 <OTHER-SE> 14,399,272 <TOTAL-LIABILITIES-AND-EQUITY> 103,387,828 <INTEREST-LOAN> 4,437,100 <INTEREST-INVEST> 859,632 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 5,296,732 <INTEREST-DEPOSIT> 2,250,660 <INTEREST-EXPENSE> 2,762,668 <INTEREST-INCOME-NET> 2,534,064 <LOAN-LOSSES> 46,425 <SECURITIES-GAINS> 395,438 <EXPENSE-OTHER> 2,010,774 <INCOME-PRETAX> 1,255,626 <INCOME-PRE-EXTRAORDINARY> 1,255,626 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 770,266 <EPS-PRIMARY> 0.82 <EPS-DILUTED> 0.82 <YIELD-ACTUAL> 3.80 <LOANS-NON> 202,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 354,631 <CHARGE-OFFS> 28,551 <RECOVERIES> 15,489 <ALLOWANCE-CLOSE> 387,994 <ALLOWANCE-DOMESTIC> 387,994 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0