<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                         906,658
<INT-BEARING-DEPOSITS>                       4,152,816
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 55,976,606 
<INVESTMENTS-CARRYING>                       2,139,069
<INVESTMENTS-MARKET>                         2,159,035 
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<ALLOWANCE>                                  1,540,551
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<DEPOSITS>                                 151,815,364
<SHORT-TERM>                                16,937,882
<LIABILITIES-OTHER>                            638,128
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<INTEREST-LOAN>                             11,642,029
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<INTEREST-TOTAL>                            15,726,032
<INTEREST-DEPOSIT>                           5,693,385
<INTEREST-EXPENSE>                           7,596,727
<INTEREST-INCOME-NET>                        8,129,305
<LOAN-LOSSES>                                  240,000
<SECURITIES-GAINS>                               (391)
<EXPENSE-OTHER>                              5,466,637
<INCOME-PRETAX>                              3,843,204
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<CHARGE-OFFS>                                    9,814
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