<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER 31, 1996 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 76,900,524 <INT-BEARING-DEPOSITS> 731,554 <FED-FUNDS-SOLD> 15,200,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 461,099,272 <INVESTMENTS-CARRYING> 72,754,985 <INVESTMENTS-MARKET> 73,316,000 <LOANS> 941,943,513 <ALLOWANCE> 11,328,359 <TOTAL-ASSETS> 1,632,095,082 <DEPOSITS> 1,353,057,111 <SHORT-TERM> 100,976,120 <LIABILITIES-OTHER> 21,247,598 <LONG-TERM> 34,860,024 <COMMON> 40,428,420 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 81,525,809 <TOTAL-LIABILITIES-AND-EQUITY> 1,632,095,082 <INTEREST-LOAN> 80,301,707 <INTEREST-INVEST> 29,596,714 <INTEREST-OTHER> 1,484,696 <INTEREST-TOTAL> 111,383,117 <INTEREST-DEPOSIT> 49,507,425 <INTEREST-EXPENSE> 5,823,550 <INTEREST-INCOME-NET> 56,052,142 <LOAN-LOSSES> 2,900,000 <SECURITIES-GAINS> 321,256 <EXPENSE-OTHER> 56,693,553 <INCOME-PRETAX> 19,786,030 <INCOME-PRE-EXTRAORDINARY> 19,786,030 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,015,430 <EPS-PRIMARY> 1.69 <EPS-DILUTED> 1.69 <YIELD-ACTUAL> 7.58 <LOANS-NON> 2,663,000 <LOANS-PAST> 2,936,000 <LOANS-TROUBLED> 568,000 <LOANS-PROBLEM> 6,167,000 <ALLOWANCE-OPEN> 11,069,869 <CHARGE-OFFS> 4,061,211 <RECOVERIES> 1,419,701 <ALLOWANCE-CLOSE> 11,328,359 <ALLOWANCE-DOMESTIC> 11,328,359 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0