<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-31-1996     
<PERIOD-END>                               MAR-31-1996
<CASH>                                         351,782
<INT-BEARING-DEPOSITS>                         486,675
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                         909,961
<INVESTMENTS-MARKET>                           929,880
<LOANS>                                     24,825,091
<ALLOWANCE>                                    109,063
<TOTAL-ASSETS>                              27,374,954
<DEPOSITS>                                  20,793,282
<SHORT-TERM>                                 1,350,000
<LIABILITIES-OTHER>                            116,400
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       345,000
<OTHER-SE>                                   4,770,273
<TOTAL-LIABILITIES-AND-EQUITY>              27,374,955
<INTEREST-LOAN>                                578,931
<INTEREST-INVEST>                               13,276
<INTEREST-OTHER>                                 9,289
<INTEREST-TOTAL>                               570,427
<INTEREST-DEPOSIT>                             272,154
<INTEREST-EXPENSE>                             292,727
<INTEREST-INCOME-NET>                          277,700
<LOAN-LOSSES>                                    3,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                169,746
<INCOME-PRETAX>                                136,023
<INCOME-PRE-EXTRAORDINARY>                      94,035
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    94,035
<EPS-PRIMARY>                                      .30
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                    712,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               106,063
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              109,063
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        109,063