<ARTICLE> 9 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 29,701,018 <INT-BEARING-DEPOSITS> 5,035 <FED-FUNDS-SOLD> 14,250,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 45,592,327 <INVESTMENTS-CARRYING> 698,609 <INVESTMENTS-MARKET> 704,723 <LOANS> 273,817,522 <ALLOWANCE> 3,200,000 <TOTAL-ASSETS> 375,303,918 <DEPOSITS> 339,180,170 <SHORT-TERM> 0 <LIABILITIES-OTHER> 883,619 <LONG-TERM> 6,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,719 <OTHER-SE> 29,216,410 <TOTAL-LIABILITIES-AND-EQUITY> 375,303,198 <INTEREST-LOAN> 23,001,165 <INTEREST-INVEST> 904,712 <INTEREST-OTHER> 1,508,392 <INTEREST-TOTAL> 25,414,269 <INTEREST-DEPOSIT> 11,802,804 <INTEREST-EXPENSE> 11,869,331 <INTEREST-INCOME-NET> 13,544,938 <LOAN-LOSSES> 710,899 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 10,051,702 <INCOME-PRETAX> 4,861,049 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,010,774 <EPS-PRIMARY> 1.28 <EPS-DILUTED> 1.20 <YIELD-ACTUAL> 8.59 <LOANS-NON> 2,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,084,658 <ALLOWANCE-OPEN> 2,510,000 <CHARGE-OFFS> 49,000 <RECOVERIES> 28,000 <ALLOWANCE-CLOSE> 3,200,000 <ALLOWANCE-DOMESTIC> 2,884,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 316,000