<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 32,519,312 <INT-BEARING-DEPOSITS> 45,953 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 502,557,097 <INVESTMENTS-CARRYING> 22,125,400 <INVESTMENTS-MARKET> 0 <LOANS> 598,844,766 <ALLOWANCE> (11,143,871) <TOTAL-ASSETS> 1,188,310,278 <DEPOSITS> 703,624,060 <SHORT-TERM> 15,843,122 <LIABILITIES-OTHER> 14,702,595 <LONG-TERM> 370,147,565 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 22,652,660 <OTHER-SE> 61,340,276 <TOTAL-LIABILITIES-AND-EQUITY> 1,188,310,278 <INTEREST-LOAN> 12,019,115 <INTEREST-INVEST> 6,326,145 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 18,345,260 <INTEREST-DEPOSIT> 4,269,717 <INTEREST-EXPENSE> 9,248,081 <INTEREST-INCOME-NET> 9,097,179 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 54,800 <EXPENSE-OTHER> 8,078,316 <INCOME-PRETAX> 5,036,493 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,048,858 <EPS-PRIMARY> 0.34 <EPS-DILUTED> 0.34 <YIELD-ACTUAL> 3.22 <LOANS-NON> 4,737,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 913,000 <LOANS-PROBLEM> 7,901,340 <ALLOWANCE-OPEN> 11,107,633 <CHARGE-OFFS> 76,096 <RECOVERIES> 112,334 <ALLOWANCE-CLOSE> 11,143,871 <ALLOWANCE-DOMESTIC> 11,143,871 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0