<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 6,055,820 <INT-BEARING-DEPOSITS> 4,795,491 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 46,419,257 <INVESTMENTS-CARRYING> 1,975,994 <INVESTMENTS-MARKET> 2,015,024 <LOANS> 107,206,201 <ALLOWANCE> 792,434 <TOTAL-ASSETS> 166,661,345 <DEPOSITS> 131,947,067 <SHORT-TERM> 15,772,104 <LIABILITIES-OTHER> 1,986,260 <LONG-TERM> 658,945 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,057 <OTHER-SE> 16,289,912 <TOTAL-LIABILITIES-AND-EQUITY> 166,661,345 <INTEREST-LOAN> 2,530,610 <INTEREST-INVEST> 255,997 <INTEREST-OTHER> 560,374 <INTEREST-TOTAL> 3,346,981 <INTEREST-DEPOSIT> 1,352,739 <INTEREST-EXPENSE> 1,617,057 <INTEREST-INCOME-NET> 1,729,924 <LOAN-LOSSES> 60,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,067,157 <INCOME-PRETAX> 803,621 <INCOME-PRE-EXTRAORDINARY> 803,621 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 517,687 <EPS-PRIMARY> .67 <EPS-DILUTED> .67 <YIELD-ACTUAL> 4.3 <LOANS-NON> 16,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 733,573 <CHARGE-OFFS> 2,139 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 792,434 <ALLOWANCE-DOMESTIC> 792,434 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0