<ARTICLE> 9 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <EXCHANGE-RATE> 1.00 <CASH> 264,642 <INT-BEARING-DEPOSITS> 440,770 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 916,492 <INVESTMENTS-MARKET> 925,383 <LOANS> 25,703,455 <ALLOWANCE> 112,063 <TOTAL-ASSETS> 28,043,875 <DEPOSITS> 20,566,675 <SHORT-TERM> 2,300,000 <LIABILITIES-OTHER> 83,812 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 345,000 <OTHER-SE> 4,748,388 <TOTAL-LIABILITIES-AND-EQUITY> 28,043,875 <INTEREST-LOAN> 1,043,136 <INTEREST-INVEST> 30,924 <INTEREST-OTHER> 18,129 <INTEREST-TOTAL> 1,092,189 <INTEREST-DEPOSIT> 542,283 <INTEREST-EXPENSE> 581,157 <INTEREST-INCOME-NET> 511,032 <LOAN-LOSSES> 6,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 362,032 <INCOME-PRETAX> 204,125 <INCOME-PRE-EXTRAORDINARY> 140,074 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 140,074 <EPS-PRIMARY> .44 <EPS-DILUTED> 0 <YIELD-ACTUAL> 0 <LOANS-NON> 740,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 109,063 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 112,063 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 112,063