<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 4,742,097 <INT-BEARING-DEPOSITS> 21,731,452 <FED-FUNDS-SOLD> 1,161,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,552,925 <INVESTMENTS-CARRYING> 13,409,386 <INVESTMENTS-MARKET> 13,006,047 <LOANS> 66,389,788 <ALLOWANCE> 768,387 <TOTAL-ASSETS> 89,880,513 <DEPOSITS> 78,596,363 <SHORT-TERM> 0 <LIABILITIES-OTHER> 116,114 <LONG-TERM> 310,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,480,000 <OTHER-SE> 7,308,490 <TOTAL-LIABILITIES-AND-EQUITY> 89,880,513 <INTEREST-LOAN> 1,648,882 <INTEREST-INVEST> 247,315 <INTEREST-OTHER> 44,851 <INTEREST-TOTAL> 1,941,048 <INTEREST-DEPOSIT> 737,778 <INTEREST-EXPENSE> 737,778 <INTEREST-INCOME-NET> 1,203,270 <LOAN-LOSSES> 111,000 <SECURITIES-GAINS> 1,228 <EXPENSE-OTHER> 638,486 <INCOME-PRETAX> 681,498 <INCOME-PRE-EXTRAORDINARY> 681,498 <EXTRAORDINARY> 423,009 <CHANGES> 0 <NET-INCOME> 423,009 <EPS-PRIMARY> .69 <EPS-DILUTED> .69 <YIELD-ACTUAL> 5.80 <LOANS-NON> 240,000 <LOANS-PAST> 1,351,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 762,478 <CHARGE-OFFS> 71,375 <RECOVERIES> 18,523 <ALLOWANCE-CLOSE> 768,387 <ALLOWANCE-DOMESTIC> 768,387 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0