<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 107,040 <INT-BEARING-DEPOSITS> 359,441 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 838,242 <INVESTMENTS-CARRYING> 2,730,912 <INVESTMENTS-MARKET> 2,712,066 <LOANS> 53,851,071 <ALLOWANCE> 112,000 <TOTAL-ASSETS> 58,734,435 <DEPOSITS> 42,046,912 <SHORT-TERM> 0 <LIABILITIES-OTHER> 780,868 <LONG-TERM> 270,415 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,000 <OTHER-SE> 15,626,240 <TOTAL-LIABILITIES-AND-EQUITY> 58,734,435 <INTEREST-LOAN> 1,984,940 <INTEREST-INVEST> 75,876 <INTEREST-OTHER> 53,932 <INTEREST-TOTAL> 2,114,748 <INTEREST-DEPOSIT> 1,037,802 <INTEREST-EXPENSE> 1,047,317 <INTEREST-INCOME-NET> 1,067,431 <LOAN-LOSSES> 12,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 525,570 <INCOME-PRETAX> 553,915 <INCOME-PRE-EXTRAORDINARY> 553,915 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 359,328 <EPS-PRIMARY> .39 <EPS-DILUTED> 0 <YIELD-ACTUAL> 3.74 <LOANS-NON> 348,000 <LOANS-PAST> 534,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 100,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 112,000 <ALLOWANCE-DOMESTIC> 112,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0