<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                       5,374,945
<INT-BEARING-DEPOSITS>                         928,435
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 74,438,682
<INVESTMENTS-CARRYING>                      38,151,121
<INVESTMENTS-MARKET>                        37,794,344
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<ALLOWANCE>                                  2,050,612
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<DEPOSITS>                                 231,925,592
<SHORT-TERM>                                 3,500,000
<LIABILITIES-OTHER>                          2,494,717
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
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<COMMON>                                        16,331
<OTHER-SE>                                  21,117,662
<TOTAL-LIABILITIES-AND-EQUITY>             258,843,049
<INTEREST-LOAN>                             12,365,456
<INTEREST-INVEST>                            6,365,474
<INTEREST-OTHER>                                     0
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<INTEREST-DEPOSIT>                           9,934,551
<INTEREST-EXPENSE>                             270,099
<INTEREST-INCOME-NET>                        8,526,280
<LOAN-LOSSES>                                  975,000
<SECURITIES-GAINS>                              67,817
<EXPENSE-OTHER>                              6,155,615
<INCOME-PRETAX>                              3,743,061
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<EPS-PRIMARY>                                     1.66
<EPS-DILUTED>                                     1.55
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<LOANS-PAST>                                    94,157
<LOANS-TROUBLED>                                     0
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<CHARGE-OFFS>                                  976,920
<RECOVERIES>                                    16,000
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