<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 2,815,138 <INT-BEARING-DEPOSITS> 4,833,926 <FED-FUNDS-SOLD> 1,621,856 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 9,902,244 <INVESTMENTS-CARRYING> 1,625,441 <INVESTMENTS-MARKET> 1,625,168 <LOANS> 103,143,822 <ALLOWANCE> 795,245 <TOTAL-ASSETS> 128,067,362 <DEPOSITS> 72,990,960 <SHORT-TERM> 5,000,000 <LIABILITIES-OTHER> 2,115,557 <LONG-TERM> 19,933,333 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,971,281 <OTHER-SE> 10,056,231 <TOTAL-LIABILITIES-AND-EQUITY> 128,067,362 <INTEREST-LOAN> 2,142,568 <INTEREST-INVEST> 154,313 <INTEREST-OTHER> 141,297 <INTEREST-TOTAL> 2,438,178 <INTEREST-DEPOSIT> 866,501 <INTEREST-EXPENSE> 1,192,373 <INTEREST-INCOME-NET> 1,245,805 <LOAN-LOSSES> 45,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 555,789 <INCOME-PRETAX> 692,613 <INCOME-PRE-EXTRAORDINARY> 692,613 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 427,230 <EPS-PRIMARY> .26 <EPS-DILUTED> .26 <YIELD-ACTUAL> 4.11 <LOANS-NON> 0 <LOANS-PAST> 116,114 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 750,417 <CHARGE-OFFS> 172 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 795,245 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 795,245