<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,045,156 <INT-BEARING-DEPOSITS> 1,734,218 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,688,621 <INVESTMENTS-CARRYING> 74,646,184 <INVESTMENTS-MARKET> 74,746,347 <LOANS> 118,200,709 <ALLOWANCE> 1,601,929 <TOTAL-ASSETS> 207,315,823 <DEPOSITS> 182,170,133 <SHORT-TERM> 6,000,000 <LIABILITIES-OTHER> 1,777,366 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 156 <COMMON> 16,070 <OTHER-SE> 17,880,145 <TOTAL-LIABILITIES-AND-EQUITY> 207,315,823 <INTEREST-LOAN> 5,386,134 <INTEREST-INVEST> 2,529,913 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 7,916,047 <INTEREST-DEPOSIT> 3,993,098 <INTEREST-EXPENSE> 4,163,000 <INTEREST-INCOME-NET> 3,753,047 <LOAN-LOSSES> 305,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,701,177 <INCOME-PRETAX> 1,550,451 <INCOME-PRE-EXTRAORDINARY> 1,550,451 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,058,451 <EPS-PRIMARY> 0.65 <EPS-DILUTED> 0.64 <YIELD-ACTUAL> 8.24 <LOANS-NON> 1,256,266 <LOANS-PAST> 57,415 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,524,770 <ALLOWANCE-OPEN> 1,500,941 <CHARGE-OFFS> 223,414 <RECOVERIES> 19,402 <ALLOWANCE-CLOSE> 1,601,929 <ALLOWANCE-DOMESTIC> 1,601,929 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0