<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                      11,694,940
<INT-BEARING-DEPOSITS>                      10,246,287
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 38,025,338
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    786,411,364
<ALLOWANCE>                                  5,004,148
<TOTAL-ASSETS>                             880,346,715
<DEPOSITS>                                 586,707,413
<SHORT-TERM>                                26,437,292
<LIABILITIES-OTHER>                         10,754,564
<LONG-TERM>                                187,170,125
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    63,852,679
<OTHER-SE>                                   5,424,642
<TOTAL-LIABILITIES-AND-EQUITY>             880,346,715
<INTEREST-LOAN>                             58,166,166
<INTEREST-INVEST>                            2,422,146
<INTEREST-OTHER>                             1,973,311
<INTEREST-TOTAL>                            62,561,623
<INTEREST-DEPOSIT>                          24,767,702
<INTEREST-EXPENSE>                          36,601,042
<INTEREST-INCOME-NET>                       25,960,581
<LOAN-LOSSES>                                  390,000
<SECURITIES-GAINS>                               2,362
<EXPENSE-OTHER>                             16,223,694
<INCOME-PRETAX>                             17,656,032
<INCOME-PRE-EXTRAORDINARY>                  11,844,032
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                11,844,032
<EPS-PRIMARY>                                     1.44
<EPS-DILUTED>                                     1.38
<YIELD-ACTUAL>                                    3.10
<LOANS-NON>                                    611,080
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                 18,443
<ALLOWANCE-OPEN>                             4,730,407
<CHARGE-OFFS>                                  167,493
<RECOVERIES>                                    51,234
<ALLOWANCE-CLOSE>                            5,004,148
<ALLOWANCE-DOMESTIC>                         2,389,949
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                      2,614,199