<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 524,374 <INT-BEARING-DEPOSITS> 1,560,289 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 46,477,871 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 35,444,307 <ALLOWANCE> 186,000 <TOTAL-ASSETS> 85,698,040 <DEPOSITS> 41,314,913 <SHORT-TERM> 8,500,000 <LIABILITIES-OTHER> 3,898,116 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,821 <OTHER-SE> 31,985,010 <TOTAL-LIABILITIES-AND-EQUITY> 85,698,040 <INTEREST-LOAN> 2,446,676 <INTEREST-INVEST> 1,860,830 <INTEREST-OTHER> 145,189 <INTEREST-TOTAL> 4,452,695 <INTEREST-DEPOSIT> 1,299,257 <INTEREST-EXPENSE> 1,454,805 <INTEREST-INCOME-NET> 2,997,890 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 733 <EXPENSE-OTHER> 916,067 <INCOME-PRETAX> 2,132,564 <INCOME-PRE-EXTRAORDINARY> 2,132,564 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,266,521 <EPS-PRIMARY> 0.58 <EPS-DILUTED> 0.58 <YIELD-ACTUAL> 5.07 <LOANS-NON> 888,792 <LOANS-PAST> 3,676,974 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 186,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 186,000 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0