<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       1,167,472
<INT-BEARING-DEPOSITS>                       2,012,794
<FED-FUNDS-SOLD>                                     0
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<INVESTMENTS-CARRYING>                         757,094
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<ALLOWANCE>                                (1,148,221)
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<DEPOSITS>                                  96,969,355
<SHORT-TERM>                                40,000,000
<LIABILITIES-OTHER>                          1,008,384
<LONG-TERM>                                 25,000,000
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<COMMON>                                        21,821
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<INTEREST-LOAN>                              9,606,664
<INTEREST-INVEST>                              697,489
<INTEREST-OTHER>                               138,031
<INTEREST-TOTAL>                            10,442,184
<INTEREST-DEPOSIT>                           3,252,568
<INTEREST-EXPENSE>                           5,758,696
<INTEREST-INCOME-NET>                        4,683,488
<LOAN-LOSSES>                                  175,500
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              2,286,439
<INCOME-PRETAX>                              2,639,933
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<EPS-PRIMARY>                                     0.96
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<ALLOWANCE-FOREIGN>                                  0
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