<ARTICLE> 9 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 12,667,620 <INT-BEARING-DEPOSITS> 4,464,338 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 97,721,012 <INVESTMENTS-CARRYING> 37,110,889 <INVESTMENTS-MARKET> 36,445,749 <LOANS> 234,086,432 <ALLOWANCE> 3,452,131 <TOTAL-ASSETS> 406,221,564 <DEPOSITS> 367,187,558 <SHORT-TERM> 0 <LIABILITIES-OTHER> 5,167,909 <LONG-TERM> 5,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 136 <COMMON> 26,562 <OTHER-SE> 28,837,399 <TOTAL-LIABILITIES-AND-EQUITY> 406,221,564 <INTEREST-LOAN> 19,982,224 <INTEREST-INVEST> 9,773,796 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 29,756,020 <INTEREST-DEPOSIT> 13,576,177 <INTEREST-EXPENSE> 14,307,978 <INTEREST-INCOME-NET> 15,448,042 <LOAN-LOSSES> 2,129,660 <SECURITIES-GAINS> (692,419) <EXPENSE-OTHER> 14,588,970 <INCOME-PRETAX> 1,563,429 <INCOME-PRE-EXTRAORDINARY> 960,729 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 960,729 <EPS-BASIC> 0.36 <EPS-DILUTED> 0.35 <YIELD-ACTUAL> 7.82 <LOANS-NON> 521,456 <LOANS-PAST> 87,230 <LOANS-TROUBLED> 67,521 <LOANS-PROBLEM> 2,966,842 <ALLOWANCE-OPEN> 3,061,631 <CHARGE-OFFS> 1,433,160 <RECOVERIES> 306,000 <ALLOWANCE-CLOSE> 3,452,131 <ALLOWANCE-DOMESTIC> 3,452,131 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,015,216