<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,209,452 <INT-BEARING-DEPOSITS> 11,057,414 <FED-FUNDS-SOLD> 3,600,000 <TRADING-ASSETS> 986,972 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 56,442,787 <INVESTMENTS-MARKET> 56,408,382 <LOANS> 233,967,317 <ALLOWANCE> 882,800 <TOTAL-ASSETS> 311,613,437 <DEPOSITS> 256,129,172 <SHORT-TERM> 0 <LIABILITIES-OTHER> 7,986,109 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 34,979 <OTHER-SE> 47,463,177 <TOTAL-LIABILITIES-AND-EQUITY> 311,613,437 <INTEREST-LOAN> 9,563,479 <INTEREST-INVEST> 2,047,084 <INTEREST-OTHER> 68,691 <INTEREST-TOTAL> 11,679,254 <INTEREST-DEPOSIT> 6,182,919 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 5,496,335 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 94,797 <EXPENSE-OTHER> 2,477,498 <INCOME-PRETAX> 3,505,749 <INCOME-PRE-EXTRAORDINARY> 3,505,749 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,231,649 <EPS-PRIMARY> 0.82 <EPS-DILUTED> 0.81 <YIELD-ACTUAL> 3.64 <LOANS-NON> 1,272,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 882,800 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 882,800 <ALLOWANCE-DOMESTIC> 175,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 707,800