<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information
extracted from the unaudited financial statements
for the nine months ended September 30, 1996.
</LEGEND>
<MULTIPLIER> 1
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                         674,902
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                             3,098,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                         3,513,149
<LOANS>                                      6,393,207
<ALLOWANCE>                                     87,409
<TOTAL-ASSETS>                              14,418,152
<DEPOSITS>                                  10,566,963
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            105,301
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  3,544,858
<COMMON>                                     3,745,888
<OTHER-SE>                                 (1,455,670)
<TOTAL-LIABILITIES-AND-EQUITY>              14,418,152
<INTEREST-LOAN>                                222,301
<INTEREST-INVEST>                              147,939
<INTEREST-OTHER>                               111,133
<INTEREST-TOTAL>                               481,373
<INTEREST-DEPOSIT>                             210,965
<INTEREST-EXPENSE>                             211,447
<INTEREST-INCOME-NET>                          269,926
<LOAN-LOSSES>                                   87,409
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              1,109,916
<INCOME-PRETAX>                              (821,873)
<INCOME-PRE-EXTRAORDINARY>                   (822,112)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (822,112)
<EPS-PRIMARY>                                   (4.96)
<EPS-DILUTED>                                   (4.96)
<YIELD-ACTUAL>                                    3.86
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                               87,409
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         87,409