<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,602,803 <INT-BEARING-DEPOSITS> 388,701,009 <FED-FUNDS-SOLD> 3,100,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 38,951,618 <INVESTMENTS-CARRYING> 108,035,811 <INVESTMENTS-MARKET> 106,125,000 <LOANS> 234,753,580 <ALLOWANCE> 2,413,102 <TOTAL-ASSETS> 413,776,950 <DEPOSITS> 269,540,947 <SHORT-TERM> 106,335,000 <LIABILITIES-OTHER> 1,638,383 <LONG-TERM> 1,720,457 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,144 <OTHER-SE> 34,542,163 <TOTAL-LIABILITIES-AND-EQUITY> 413,776,950 <INTEREST-LOAN> 4,369,777 <INTEREST-INVEST> 2,292,505 <INTEREST-OTHER> 134,592 <INTEREST-TOTAL> 6,796,874 <INTEREST-DEPOSIT> 2,122,659 <INTEREST-EXPENSE> 3,820,236 <INTEREST-INCOME-NET> 2,976,638 <LOAN-LOSSES> 167,356 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,561,359 <INCOME-PRETAX> 564,284 <INCOME-PRE-EXTRAORDINARY> 564,284 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 310,125 <EPS-PRIMARY> 0.14 <EPS-DILUTED> 0.14 <YIELD-ACTUAL> 7.03 <LOANS-NON> 2,302,349 <LOANS-PAST> 3,279,609 <LOANS-TROUBLED> 412,500 <LOANS-PROBLEM> 412,500 <ALLOWANCE-OPEN> 2,413,102 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 2,245,746 <ALLOWANCE-DOMESTIC> 2,245,746 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0