<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 21,418,373 <INT-BEARING-DEPOSITS> 126,845 <FED-FUNDS-SOLD> 27,950,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,013,250 <INVESTMENTS-CARRYING> 451,957 <INVESTMENTS-MARKET> 454,662 <LOANS> 248,357,024 <ALLOWANCE> 3,000,000 <TOTAL-ASSETS> 317,408,355 <DEPOSITS> 288,846,675 <SHORT-TERM> 0 <LIABILITIES-OTHER> 948,407 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,651 <OTHER-SE> 27,589,622 <TOTAL-LIABILITIES-AND-EQUITY> 317,408,355 <INTEREST-LOAN> 10,991,800 <INTEREST-INVEST> 304,693 <INTEREST-OTHER> 526,959 <INTEREST-TOTAL> 11,823,452 <INTEREST-DEPOSIT> 5,438,283 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 6,385,169 <LOAN-LOSSES> 520,929 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,581,080 <INCOME-PRETAX> 2,145,195 <INCOME-PRE-EXTRAORDINARY> 2,145,195 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,325,895 <EPS-PRIMARY> 0.57 <EPS-DILUTED> 0.53 <YIELD-ACTUAL> 8.87 <LOANS-NON> 8,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 607,894 <ALLOWANCE-OPEN> 2,510,000 <CHARGE-OFFS> 48,853 <RECOVERIES> 17,924 <ALLOWANCE-CLOSE> 3,000,000 <ALLOWANCE-DOMESTIC> 2,550,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 450,000