<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 23,757,684 <INT-BEARING-DEPOSITS> 2,688 <FED-FUNDS-SOLD> 36,225,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 19,165,707 <INVESTMENTS-CARRYING> 591,586 <INVESTMENTS-MARKET> 598,061 <LOANS> 298,737,219 <ALLOWANCE> 3,280,985 <TOTAL-ASSETS> 384,950,967 <DEPOSITS> 347,319,935 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,190,866 <LONG-TERM> 6,498,224 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,786 <OTHER-SE> 29,918,156 <TOTAL-LIABILITIES-AND-EQUITY> 384,950,967 <INTEREST-LOAN> 6,335,238 <INTEREST-INVEST> 328,520 <INTEREST-OTHER> 278,097 <INTEREST-TOTAL> 6,941,855 <INTEREST-DEPOSIT> 3,118,514 <INTEREST-EXPENSE> 3,193,541 <INTEREST-INCOME-NET> 3,748,314 <LOAN-LOSSES> 80,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,075,694 <INCOME-PRETAX> 1,144,458 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 737,783 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0.29 <YIELD-ACTUAL> 8.20 <LOANS-NON> 29,055 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 863,461 <ALLOWANCE-OPEN> 3,200,000 <CHARGE-OFFS> 0 <RECOVERIES> 985 <ALLOWANCE-CLOSE> 3,280,985 <ALLOWANCE-DOMESTIC> 3,063,985 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 217,000