<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31,
1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                         870,311
<INT-BEARING-DEPOSITS>                      10,544,731
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  2,728,205
<INVESTMENTS-CARRYING>                       1,308,330
<INVESTMENTS-MARKET>                         1,333,000
<LOANS>                                     81,942,023
<ALLOWANCE>                                    880,254
<TOTAL-ASSETS>                             100,363,777
<DEPOSITS>                                  89,024,834
<SHORT-TERM>                                 2,929,789
<LIABILITIES-OTHER>                            657,080
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     6,722,251
<OTHER-SE>                                   1,029,817
<TOTAL-LIABILITIES-AND-EQUITY>             100,363,771
<INTEREST-LOAN>                              1,800,939
<INTEREST-INVEST>                              193,020
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,993,939
<INTEREST-DEPOSIT>                           1,036,089
<INTEREST-EXPENSE>                           1,078,471
<INTEREST-INCOME-NET>                          915,488
<LOAN-LOSSES>                                   60,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                646,865
<INCOME-PRETAX>                                312,849
<INCOME-PRE-EXTRAORDINARY>                     207,994
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   207,994
<EPS-PRIMARY>                                      .21
<EPS-DILUTED>                                      .21
<YIELD-ACTUAL>                                    3.82
<LOANS-NON>                                    220,205
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                404,410
<ALLOWANCE-OPEN>                               848,085
<CHARGE-OFFS>                                   29,831
<RECOVERIES>                                     2,000
<ALLOWANCE-CLOSE>                              880,254
<ALLOWANCE-DOMESTIC>                           880,254
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0