<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 5,208,428 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 23,670,576 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 64,930,478 <ALLOWANCE> 377,813 <TOTAL-ASSETS> 98,350,529 <DEPOSITS> 73,274,383 <SHORT-TERM> 0 <LIABILITIES-OTHER> 544,855 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 16,531 <OTHER-SE> 24,514,760 <TOTAL-LIABILITIES-AND-EQUITY> 98,350,529 <INTEREST-LOAN> 2,552,330 <INTEREST-INVEST> 727,904 <INTEREST-OTHER> 235,531 <INTEREST-TOTAL> 3,515,765 <INTEREST-DEPOSIT> 1,799,331 <INTEREST-EXPENSE> 1,800,221 <INTEREST-INCOME-NET> 1,715,544 <LOAN-LOSSES> (4,636) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,070,952 <INCOME-PRETAX> 743,091 <INCOME-PRE-EXTRAORDINARY> 743,091 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 445,869 <EPS-PRIMARY> .29 <EPS-DILUTED> .29 <YIELD-ACTUAL> 0 <LOANS-NON> 145,265 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 355,576 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 377,813 <ALLOWANCE-DOMESTIC> 377,813 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0