<ARTICLE> 9 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994 <PERIOD-START> JAN-01-1995 JAN-01-1994 <PERIOD-END> MAR-31-1995 MAR-31-1994 <CASH> 14,673,089 15,223,830 <INT-BEARING-DEPOSITS> 0 0 <FED-FUNDS-SOLD> 6,500,000 3,300,000 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 47,212,495 54,537,725 <INVESTMENTS-CARRYING> 45,490,853 45,598,639 <INVESTMENTS-MARKET> 44,776,214 43,213,908 <LOANS> 148,785,002 141,458,341 <ALLOWANCE> 6,729,953 6,417,407 <TOTAL-ASSETS> 273,381,073 271,060,757 <DEPOSITS> 245,286,737 235,474,507 <SHORT-TERM> 9,182,629 17,979,602 <LIABILITIES-OTHER> 859,019 954,004 <LONG-TERM> 0 0 <COMMON> 5,523,735 5,523,735 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 12,528,953 11,128,909 <TOTAL-LIABILITIES-AND-EQUITY> 273,381,073 271,060,757 <INTEREST-LOAN> 3,467,820 2,904,379 <INTEREST-INVEST> 1,635,471 1,079,175 <INTEREST-OTHER> 20,385 50,890 <INTEREST-TOTAL> 5,123,676 4,034,444 <INTEREST-DEPOSIT> 1,554,336 1,210,301 <INTEREST-EXPENSE> 1,745,428 1,260,163 <INTEREST-INCOME-NET> 3,378,248 2,774,281 <LOAN-LOSSES> 525,000 215,006 <SECURITIES-GAINS> 781 54,800 <EXPENSE-OTHER> 3,444,534 3,418,975 <INCOME-PRETAX> 348,782 (229,808) <INCOME-PRE-EXTRAORDINARY> 348,782 (229,808) <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 217,982 (126,208) <EPS-PRIMARY> .20 (.12) <EPS-DILUTED> 0 0 <YIELD-ACTUAL> 0 0 <LOANS-NON> 0 0 <LOANS-PAST> 0 0 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 0 0 <ALLOWANCE-OPEN> 0 0 <CHARGE-OFFS> 0 0 <RECOVERIES> 0 0 <ALLOWANCE-CLOSE> 0 0 <ALLOWANCE-DOMESTIC> 0 0 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 0 0