<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 2,902,188 <INT-BEARING-DEPOSITS> 1,504,666 <FED-FUNDS-SOLD> 700,000 <TRADING-ASSETS> 740,750 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 76,213,079 <INVESTMENTS-MARKET> 76,629,446 <LOANS> 219,535,052 <ALLOWANCE> 882,800 <TOTAL-ASSETS> 307,772,487 <DEPOSITS> 252,968,882 <SHORT-TERM> 0 <LIABILITIES-OTHER> 7,103,935 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 34,828 <OTHER-SE> 47,664,842 <TOTAL-LIABILITIES-AND-EQUITY> 307,772,487 <INTEREST-LOAN> 13,814,472 <INTEREST-INVEST> 3,545,132 <INTEREST-OTHER> 100,156 <INTEREST-TOTAL> 17,459,760 <INTEREST-DEPOSIT> 9,250,956 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 8,208,804 <LOAN-LOSSES> 0 <SECURITIES-GAINS> (2,819) <EXPENSE-OTHER> 5,535,051 <INCOME-PRETAX> 3,241,505 <INCOME-PRE-EXTRAORDINARY> 3,241,505 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,134,905 <EPS-PRIMARY> 0.75 <EPS-DILUTED> 0.75 <YIELD-ACTUAL> 3.63 <LOANS-NON> 1,619,200 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 882,800 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 882,800 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 882,800