<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 1,065,153 <INT-BEARING-DEPOSITS> 2,011,282 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 63,723,233 <INVESTMENTS-CARRYING> 2,421,697 <INVESTMENTS-MARKET> 2,448,887 <LOANS> 131,438,104 <ALLOWANCE> 1,485,536 <TOTAL-ASSETS> 209,063,130 <DEPOSITS> 145,450,569 <SHORT-TERM> 27,144,913 <LIABILITIES-OTHER> 875,413 <LONG-TERM> 15,026,078 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,938 <OTHER-SE> 20,853,042 <TOTAL-LIABILITIES-AND-EQUITY> 109,063,130 <INTEREST-LOAN> 8,598,048 <INTEREST-INVEST> 2,918,117 <INTEREST-OTHER> 111,665 <INTEREST-TOTAL> 11,627,830 <INTEREST-DEPOSIT> 4,259,888 <INTEREST-EXPENSE> 1,327,521 <INTEREST-INCOME-NET> 6,040,421 <LOAN-LOSSES> 180,000 <SECURITIES-GAINS> (391) <EXPENSE-OTHER> 3,999,411 <INCOME-PRETAX> 3,018,630 <INCOME-PRE-EXTRAORDINARY> 3,018,630 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,885,866 <EPS-PRIMARY> 2.37 <EPS-DILUTED> 2.22 <YIELD-ACTUAL> 4.00 <LOANS-NON> 360,964 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,370,466 <CHARGE-OFFS> 4,930 <RECOVERIES> 101 <ALLOWANCE-CLOSE> 1,485,536 <ALLOWANCE-DOMESTIC> 1,485,536 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0