<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,572,174 <INT-BEARING-DEPOSITS> 625,247 <FED-FUNDS-SOLD> 1,112,970 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,852,775 <INVESTMENTS-CARRYING> 7,028,303 <INVESTMENTS-MARKET> 7,192,836 <LOANS> 89,580,180 <ALLOWANCE> 555,417 <TOTAL-ASSETS> 104,772,505 <DEPOSITS> 66,720,932 <SHORT-TERM> 5,050,000 <LIABILITIES-OTHER> 2,022,713 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20,610,883 <OTHER-SE> 10,367,977 <TOTAL-LIABILITIES-AND-EQUITY> 104,772,505 <INTEREST-LOAN> 5,420,121 <INTEREST-INVEST> 398,783 <INTEREST-OTHER> 441,141 <INTEREST-TOTAL> 6,260,045 <INTEREST-DEPOSIT> 2,506,917 <INTEREST-EXPENSE> 2,557,117 <INTEREST-INCOME-NET> 3,702,928 <LOAN-LOSSES> 45,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,879,049 <INCOME-PRETAX> 1,881,582 <INCOME-PRE-EXTRAORDINARY> 1,881,582 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,170,415 <EPS-PRIMARY> .63 <EPS-DILUTED> .63 <YIELD-ACTUAL> 4.69 <LOANS-NON> 0 <LOANS-PAST> 241,546 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 511,489 <CHARGE-OFFS> 1,072 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 555,417 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 555,417