<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-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 3,102,630 <INT-BEARING-DEPOSITS> 2,082,302 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 2,920,151 <INVESTMENTS-HELD-FOR-SALE> 9,477,535 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 87,349,476 <ALLOWANCE> 457,342 <TOTAL-ASSETS> 111,338,485 <DEPOSITS> 75,699,542 <SHORT-TERM> 6,000,000 <LIABILITIES-OTHER> 1,446,758 <LONG-TERM> 14,074,454 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,241 <OTHER-SE> 14,106,490 <TOTAL-LIABILITIES-AND-EQUITY> 111,338,485 <INTEREST-LOAN> 3,359,690 <INTEREST-INVEST> 491,550 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 3,851,240 <INTEREST-DEPOSIT> 1,699,326 <INTEREST-EXPENSE> 2,146,445 <INTEREST-INCOME-NET> 1,704,795 <LOAN-LOSSES> 52,885 <SECURITIES-GAINS> 81,529 <EXPENSE-OTHER> 1,502,145 <INCOME-PRETAX> 537,740 <INCOME-PRE-EXTRAORDINARY> 537,740 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 319,215 <EPS-PRIMARY> 0.36 <EPS-DILUTED> 0.35 <YIELD-ACTUAL> 3.41 <LOANS-NON> 213,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 410,383 <CHARGE-OFFS> 5,896 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 457,342 <ALLOWANCE-DOMESTIC> 457,342 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0