<ARTICLE> 9 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 290,672 <INT-BEARING-DEPOSITS> 282,104 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 1,025,135 <INVESTMENTS-MARKET> 1,035,950 <LOANS> 26,257,068 <ALLOWANCE> 121,063 <TOTAL-ASSETS> 28,615,668 <DEPOSITS> 20,255,470 <SHORT-TERM> 3,100,000 <LIABILITIES-OTHER> 184,526 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 345,000 <OTHER-SE> 4,616,489 <TOTAL-LIABILITIES-AND-EQUITY> 28,615,668 <INTEREST-LOAN> 1,597,127 <INTEREST-INVEST> 48,564 <INTEREST-OTHER> 27,782 <INTEREST-TOTAL> 1,673,473 <INTEREST-DEPOSIT> 804,470 <INTEREST-EXPENSE> 878,555 <INTEREST-INCOME-NET> 794,918 <LOAN-LOSSES> 15,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 664,917 <INCOME-PRETAX> 201,097 <INCOME-PRE-EXTRAORDINARY> 131,876 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 131,876 <EPS-PRIMARY> .42 <EPS-DILUTED> 0 <YIELD-ACTUAL> 0 <LOANS-NON> 671,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 112,063 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 121,063 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 121,063