<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER
31, 1998, CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENTS OF INCOME
FOR THE TWELVE MONTHS ENDED DECEMBER 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                         812,796
<INT-BEARING-DEPOSITS>                       5,506,432
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  6,451,230
<INVESTMENTS-CARRYING>                       9,743,993
<INVESTMENTS-MARKET>                         9,735,546
<LOANS>                                     14,896,198
<ALLOWANCE>                                    304,016
<TOTAL-ASSETS>                              38,693,630
<DEPOSITS>                                  33,553,006
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            376,785
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,645
<OTHER-SE>                                     163,990
<TOTAL-LIABILITIES-AND-EQUITY>              38,693,630
<INTEREST-LOAN>                              1,277,574
<INTEREST-INVEST>                            1,047,424
<INTEREST-OTHER>                                86,107
<INTEREST-TOTAL>                             2,411,105
<INTEREST-DEPOSIT>                           1,239,238
<INTEREST-EXPENSE>                               4,895
<INTEREST-INCOME-NET>                        1,244,133
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              1,092,515
<INCOME-PRETAX>                                327,515
<INCOME-PRE-EXTRAORDINARY>                     327,569
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   222,066
<EPS-PRIMARY>                                      .90
<EPS-DILUTED>                                      .90
<YIELD-ACTUAL>                                    7.20
<LOANS-NON>                                    116,573
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                106,730
<ALLOWANCE-OPEN>                               303,025
<CHARGE-OFFS>                                        0
<RECOVERIES>                                       991
<ALLOWANCE-CLOSE>                              304,016
<ALLOWANCE-DOMESTIC>                            21,085
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         28,293