<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,686,931 <INT-BEARING-DEPOSITS> 13,176,570 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 50,386,257 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 745,057,491 <ALLOWANCE> 4,540,307 <TOTAL-ASSETS> 845,438,085 <DEPOSITS> 560,353,267 <SHORT-TERM> 60,358,932 <LIABILITIES-OTHER> 16,208,461 <LONG-TERM> 144,071,811 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48,460,996 <OTHER-SE> 15,984,618 <TOTAL-LIABILITIES-AND-EQUITY> 845,438,085 <INTEREST-LOAN> 14,196,567 <INTEREST-INVEST> 942,443 <INTEREST-OTHER> 320,181 <INTEREST-TOTAL> 15,459,191 <INTEREST-DEPOSIT> 6,035,135 <INTEREST-EXPENSE> 9,115,767 <INTEREST-INCOME-NET> 6,343,424 <LOAN-LOSSES> 90,000 <SECURITIES-GAINS> (51,031) <EXPENSE-OTHER> 3,919,701 <INCOME-PRETAX> 4,055,211 <INCOME-PRE-EXTRAORDINARY> 4,055,211 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,795,211 <EPS-PRIMARY> 0.52 <EPS-DILUTED> 0.52 <YIELD-ACTUAL> 3.07 <LOANS-NON> 1,052,539 <LOANS-PAST> 19,189 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 937,206 <ALLOWANCE-OPEN> 4,566,475 <CHARGE-OFFS> 130,800 <RECOVERIES> 14,632 <ALLOWANCE-CLOSE> 4,540,307 <ALLOWANCE-DOMESTIC> 4,089,266 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 451,041