<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 548,843 <INT-BEARING-DEPOSITS> 4,374,159 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 57,596,990 <INVESTMENTS-CARRYING> 2,763,980 <INVESTMENTS-MARKET> 2,766,002 <LOANS> 135,485,286 <ALLOWANCE> 1,602,649 <TOTAL-ASSETS> 209,767,286 <DEPOSITS> 152,232,473 <SHORT-TERM> 4,152,486 <LIABILITIES-OTHER> 712,757 <LONG-TERM> 31,437,480 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,849 <OTHER-SE> 21,224,241 <TOTAL-LIABILITIES-AND-EQUITY> 209,767,286 <INTEREST-LOAN> 2,967,932 <INTEREST-INVEST> 928,354 <INTEREST-OTHER> 21,276 <INTEREST-TOTAL> 3,917,562 <INTEREST-DEPOSIT> 1,366,640 <INTEREST-EXPENSE> 402,687 <INTEREST-INCOME-NET> 2,148,235 <LOAN-LOSSES> 60,000 <SECURITIES-GAINS> (605) <EXPENSE-OTHER> 1,329,968 <INCOME-PRETAX> 1,103,409 <INCOME-PRE-EXTRAORDINARY> 1,103,409 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 683,409 <EPS-PRIMARY> .87 <EPS-DILUTED> .81 <YIELD-ACTUAL> 4.19 <LOANS-NON> 500,425 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,540,551 <CHARGE-OFFS> 0 <RECOVERIES> 2,098 <ALLOWANCE-CLOSE> 1,602,649 <ALLOWANCE-DOMESTIC> 1,602,649 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0