<ARTICLE> 9 <LEGEND> THIS LEGEND CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE FORM 10-K AND I IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,511,400 <INT-BEARING-DEPOSITS> 1,877,846 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 826,875 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 68,787,012 <INVESTMENTS-MARKET> 68,638,354 <LOANS> 233,898,424 <ALLOWANCE> 882,800 <TOTAL-ASSETS> 310,992,047 <DEPOSITS> 255,153,961 <SHORT-TERM> 0 <LIABILITIES-OTHER> 8,005,310 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 34,843 <OTHER-SE> 47,797,933 <TOTAL-LIABILITIES-AND-EQUITY> 310,992,047 <INTEREST-LOAN> 18,612,355 <INTEREST-INVEST> 4,635,436 <INTEREST-OTHER> 135,996 <INTEREST-TOTAL> 23,383,797 <INTEREST-DEPOSIT> 12,374,093 <INTEREST-EXPENSE> 12,374,093 <INTEREST-INCOME-NET> 11,009,694 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 87,112 <EXPENSE-OTHER> 6,875,937 <INCOME-PRETAX> 4,996,684 <INCOME-PRE-EXTRAORDINARY> 4,996,684 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,288,101 <EPS-PRIMARY> 1.16 <EPS-DILUTED> 1.16 <YIELD-ACTUAL> 3.65 <LOANS-NON> 1,567,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 882,800 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 882,800 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 882,800