<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 1,242,973 <INT-BEARING-DEPOSITS> 7,198,167 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,103,895 <INVESTMENTS-CARRYING> 1,168,029 <INVESTMENTS-MARKET> 1,192,000 <LOANS> 86,995,467 <ALLOWANCE> 912,357 <TOTAL-ASSETS> 104,146,806 <DEPOSITS> 92,755,430 <SHORT-TERM> 2,929,789 <LIABILITIES-OTHER> 196,553 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,722,251 <OTHER-SE> 1,208,440 <TOTAL-LIABILITIES-AND-EQUITY> 104,148,806 <INTEREST-LOAN> 3,680,570 <INTEREST-INVEST> 415,297 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 4,095,867 <INTEREST-DEPOSIT> 2,128,026 <INTEREST-EXPENSE> 2,215,321 <INTEREST-INCOME-NET> 1,880,546 <LOAN-LOSSES> 129,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,373,685 <INCOME-PRETAX> 575,546 <INCOME-PRE-EXTRAORDINARY> 575,546 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 387,686 <EPS-PRIMARY> 0.39 <EPS-DILUTED> 0.39 <YIELD-ACTUAL> 4.17 <LOANS-NON> 236,000 <LOANS-PAST> 1,117,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 785,881 <ALLOWANCE-OPEN> 848,000 <CHARGE-OFFS> 75,000 <RECOVERIES> 10,000 <ALLOWANCE-CLOSE> 912,000 <ALLOWANCE-DOMESTIC> 912,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0