<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO THE UNAUDITED FINANCIAL STATEMENTS CONTAINED THEREIN. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,678,349 <INT-BEARING-DEPOSITS> 5,401,652 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,000,940 <INVESTMENTS-CARRYING> 168,716,079 <INVESTMENTS-MARKET> 166,495,236 <LOANS> 152,107,915 <ALLOWANCE> 1,400,366 <TOTAL-ASSETS> 346,568,370 <DEPOSITS> 235,944,350 <SHORT-TERM> 9,600,000 <LIABILITIES-OTHER> 1,772,910 <LONG-TERM> 51,409,699 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 41,972 <OTHER-SE> 47,799,439 <TOTAL-LIABILITIES-AND-EQUITY> 346,568,370 <INTEREST-LOAN> 5,514,759 <INTEREST-INVEST> 5,405,648 <INTEREST-OTHER> 349,586 <INTEREST-TOTAL> 11,269,993 <INTEREST-DEPOSIT> 4,324,253 <INTEREST-EXPENSE> 5,829,005 <INTEREST-INCOME-NET> 0 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 34,515 <EXPENSE-OTHER> 3,453,368 <INCOME-PRETAX> 2,318,062 <INCOME-PRE-EXTRAORDINARY> 1,485,272 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,485,272 <EPS-BASIC> 0.37 <EPS-DILUTED> 0.37 <YIELD-ACTUAL> 3.33 <LOANS-NON> 846,601 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,716,790 <CHARGE-OFFS> 316,424 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,400,366 <ALLOWANCE-DOMESTIC> 1,009,366 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 391,000