<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <CASH> 1126160 <INT-BEARING-DEPOSITS> 2467691 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 35866364 <INVESTMENTS-CARRYING> 14361174 <INVESTMENTS-MARKET> 14579140 <LOANS> 49328098 <ALLOWANCE> 200000 <TOTAL-ASSETS> 106939611 <DEPOSITS> 66029288 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1501542 <LONG-TERM> 673190 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 25921 <OTHER-SE> 38709670 <TOTAL-LIABILITIES-AND-EQUITY> 106939611 <INTEREST-LOAN> 1965310 <INTEREST-INVEST> 1786429 <INTEREST-OTHER> 126272 <INTEREST-TOTAL> 3878011 <INTEREST-DEPOSIT> 1478620 <INTEREST-EXPENSE> 1510388 <INTEREST-INCOME-NET> 2367623 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1446575 <INCOME-PRETAX> 1334217 <INCOME-PRE-EXTRAORDINARY> 1334217 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 795170 <EPS-PRIMARY> 0.34 <EPS-DILUTED> 0.34 <YIELD-ACTUAL> 4.55 <LOANS-NON> 0 <LOANS-PAST> 13000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 200000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 200000 <ALLOWANCE-DOMESTIC> 200000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0