<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, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                       1,538,582
<INT-BEARING-DEPOSITS>                       2,077,788
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 23,296,747
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    252,875,584
<ALLOWANCE>                                  1,783,521
<TOTAL-ASSETS>                             292,094,005
<DEPOSITS>                                 175,748,230
<SHORT-TERM>                                82,531,000
<LIABILITIES-OTHER>                          4,014,294
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    29,800,481
<OTHER-SE>                                           0
<TOTAL-LIABILITIES-AND-EQUITY>             292,094,005
<INTEREST-LOAN>                              5,179,093
<INTEREST-INVEST>                              340,117
<INTEREST-OTHER>                                17,691
<INTEREST-TOTAL>                             5,536,901
<INTEREST-DEPOSIT>                           1,991,768
<INTEREST-EXPENSE>                           3,229,891
<INTEREST-INCOME-NET>                        2,307,010
<LOAN-LOSSES>                                   45,000
<SECURITIES-GAINS>                               3,519
<EXPENSE-OTHER>                              2,354,507
<INCOME-PRETAX>                                232,852
<INCOME-PRE-EXTRAORDINARY>                     232,852
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   184,332
<EPS-PRIMARY>                                      .11
<EPS-DILUTED>                                      .11
<YIELD-ACTUAL>                                    8.04
<LOANS-NON>                                    179,864
<LOANS-PAST>                                     2,516
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                986,454
<ALLOWANCE-OPEN>                             1,742,155
<CHARGE-OFFS>                                    4,663
<RECOVERIES>                                       729
<ALLOWANCE-CLOSE>                            1,783,521
<ALLOWANCE-DOMESTIC>                         1,783,521
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0