<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 10,724,183 <INT-BEARING-DEPOSITS> 54,455 <FED-FUNDS-SOLD> 8,000,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 22,687,310 <INVESTMENTS-CARRYING> 27,721,207 <INVESTMENTS-MARKET> 27,723,056 <LOANS> 134,815,405 <ALLOWANCE> 3,000,000 <TOTAL-ASSETS> 200,664,565 <DEPOSITS> 160,010,387 <SHORT-TERM> 159,168 <LIABILITIES-OTHER> 2,894,871 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 759,899 <OTHER-SE> 36,840,240 <TOTAL-LIABILITIES-AND-EQUITY> 200,664,565 <INTEREST-LOAN> 9,123,660 <INTEREST-INVEST> 802,403 <INTEREST-OTHER> 509,889 <INTEREST-TOTAL> 10,435,952 <INTEREST-DEPOSIT> 4,678,707 <INTEREST-EXPENSE> 26,566 <INTEREST-INCOME-NET> 4,705,273 <LOAN-LOSSES> 1,116,330 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 9,381,825 <INCOME-PRETAX> 4,838,149 <INCOME-PRE-EXTRAORDINARY> 4,838,149 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,804,191 <EPS-PRIMARY> 0.44 <EPS-DILUTED> 0.44 <YIELD-ACTUAL> 5.20 <LOANS-NON> 2,643,912 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,000,000 <CHARGE-OFFS> 1,196,134 <RECOVERIES> 79,804 <ALLOWANCE-CLOSE> 3,000,000 <ALLOWANCE-DOMESTIC> 2,777,051 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 222,949