<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 30,622,844 <INT-BEARING-DEPOSITS> 656,334 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 531,592,866 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 608,025,149 <ALLOWANCE> (11,254,731) <TOTAL-ASSETS> 1,227,958,193 <DEPOSITS> 740,014,845 <SHORT-TERM> 270,703,339 <LIABILITIES-OTHER> 12,446,301 <LONG-TERM> 118,853,150 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 22,652,660 <OTHER-SE> 63,287,898 <TOTAL-LIABILITIES-AND-EQUITY> 1,227,958,193 <INTEREST-LOAN> 11,996,757 <INTEREST-INVEST> 7,179,583 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 19,176,340 <INTEREST-DEPOSIT> 4,272,932 <INTEREST-EXPENSE> 9,357,460 <INTEREST-INCOME-NET> 9,818,880 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 4,304 <EXPENSE-OTHER> 9,015,990 <INCOME-PRETAX> 5,552,280 <INCOME-PRE-EXTRAORDINARY> 3,709,602 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,709,602 <EPS-BASIC> 0.41 <EPS-DILUTED> 0.41 <YIELD-ACTUAL> 3.43 <LOANS-NON> 3,952,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 663,000 <LOANS-PROBLEM> 4,320,380 <ALLOWANCE-OPEN> 11,143,871 <CHARGE-OFFS> 25,835 <RECOVERIES> 136,695 <ALLOWANCE-CLOSE> 11,254,731 <ALLOWANCE-DOMESTIC> 11,254,731 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,581,262