<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM 10-Q
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                       5,967,608
<INT-BEARING-DEPOSITS>                       6,906,597
<FED-FUNDS-SOLD>                             4,579,998
<TRADING-ASSETS>                             1,618,172
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                      55,863,131
<INVESTMENTS-MARKET>                        55,864,244
<LOANS>                                    242,272,818
<ALLOWANCE>                                    902,800
<TOTAL-ASSETS>                             319,130,372
<DEPOSITS>                                 261,692,362
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          8,161,788
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        35,251
<OTHER-SE>                                  49,240,971
<TOTAL-LIABILITIES-AND-EQUITY>             319,130,372
<INTEREST-LOAN>                              4,961,921
<INTEREST-INVEST>                              912,023
<INTEREST-OTHER>                                38,615
<INTEREST-TOTAL>                             5,912,559
<INTEREST-DEPOSIT>                           3,197,536
<INTEREST-EXPENSE>                                   0
<INTEREST-INCOME-NET>                        2,715,023
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                             142,322
<EXPENSE-OTHER>                              1,209,646
<INCOME-PRETAX>                              1,836,975
<INCOME-PRE-EXTRAORDINARY>                   1,836,975
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,176,706
<EPS-PRIMARY>                                     0.48
<EPS-DILUTED>                                     0.44
<YIELD-ACTUAL>                                    3.55
<LOANS-NON>                                  1,436,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               902,800
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              902,800
<ALLOWANCE-DOMESTIC>                           175,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        727,800