<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 505,385 <INT-BEARING-DEPOSITS> 2,188,323 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 644,325 <INVESTMENTS-CARRYING> 2,721,789 <INVESTMENTS-MARKET> 2,705,879 <LOANS> 52,940,567 <ALLOWANCE> 118,000 <TOTAL-ASSETS> 59,897,657 <DEPOSITS> 43,486,369 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,046,242 <LONG-TERM> 261,375 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,000 <OTHER-SE> 15,093,671 <TOTAL-LIABILITIES-AND-EQUITY> 59,897,657 <INTEREST-LOAN> 3,016,521 <INTEREST-INVEST> 120,480 <INTEREST-OTHER> 69,757 <INTEREST-TOTAL> 3,206,258 <INTEREST-DEPOSIT> 1,586,437 <INTEREST-EXPENSE> 1,600,480 <INTEREST-INCOME-NET> 1,605,778 <LOAN-LOSSES> 18,000 <SECURITIES-GAINS> 281,616 <EXPENSE-OTHER> 1,043,534 <INCOME-PRETAX> 863,794 <INCOME-PRE-EXTRAORDINARY> 863,794 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 564,056 <EPS-PRIMARY> .61 <EPS-DILUTED> .61 <YIELD-ACTUAL> 3.70 <LOANS-NON> 340,000 <LOANS-PAST> 539,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 100,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 118,000 <ALLOWANCE-DOMESTIC> 118,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0