<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       5,119,246
<INT-BEARING-DEPOSITS>                         671,865
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  4,664,795
<INVESTMENTS-CARRYING>                      81,644,581
<INVESTMENTS-MARKET>                        81,960,914
<LOANS>                                    125,014,615
<ALLOWANCE>                                  1,781,885
<TOTAL-ASSETS>                             221,292,023
<DEPOSITS>                                 193,455,728
<SHORT-TERM>                                 8,000,000
<LIABILITIES-OTHER>                          1,964,478
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        156
<COMMON>                                        16,191
<OTHER-SE>                                  18,366,062
<TOTAL-LIABILITIES-AND-EQUITY>             221,292,023
<INTEREST-LOAN>                              8,409,895
<INTEREST-INVEST>                            3,947,916
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            12,357,811
<INTEREST-DEPOSIT>                           6,277,235
<INTEREST-EXPENSE>                           6,523,909
<INTEREST-INCOME-NET>                        5,833,902
<LOAN-LOSSES>                                  560,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              4,152,704
<INCOME-PRETAX>                              2,387,698
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<CHANGES>                                            0
<NET-INCOME>                                 1,626,198
<EPS-PRIMARY>                                     1.00
<EPS-DILUTED>                                     0.97
<YIELD-ACTUAL>                                    8.36
<LOANS-NON>                                  1,182,721
<LOANS-PAST>                                    31,785
<LOANS-TROUBLED>                             1,567,065
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,500,941
<CHARGE-OFFS>                                  299,171
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<ALLOWANCE-FOREIGN>                                  0
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