<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 4,741,009 <INT-BEARING-DEPOSITS> 3,935,102 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 45,565,883 <INVESTMENTS-CARRYING> 1,911,883 <INVESTMENTS-MARKET> 1,941,104 <LOANS> 108,732,609 <ALLOWANCE> 835,492 <TOTAL-ASSETS> 166,164,420 <DEPOSITS> 133,408,867 <SHORT-TERM> 13,479,021 <LIABILITIES-OTHER> 2,143,680 <LONG-TERM> 621,088 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,408 <OTHER-SE> 16,504,356 <TOTAL-LIABILITIES-AND-EQUITY> 166,164,420 <INTEREST-LOAN> 4,974,819 <INTEREST-INVEST> 460,957 <INTEREST-OTHER> 1,154,274 <INTEREST-TOTAL> 6,590,050 <INTEREST-DEPOSIT> 2,707,374 <INTEREST-EXPENSE> 3,183,244 <INTEREST-INCOME-NET> 3,406,806 <LOAN-LOSSES> 120,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,205,711 <INCOME-PRETAX> 1,503,003 <INCOME-PRE-EXTRAORDINARY> 1,503,003 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 935,303 <EPS-PRIMARY> 1.21 <EPS-DILUTED> 1.21 <YIELD-ACTUAL> 4.18 <LOANS-NON> 373,694 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 733,573 <CHARGE-OFFS> 18,081 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 835,492 <ALLOWANCE-DOMESTIC> 835,492 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0