<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED SEPTEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 1,404,888 <INT-BEARING-DEPOSITS> 2,485,731 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 23,986,664 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 287,523,750 <ALLOWANCE> 1,896,128 <TOTAL-ASSETS> 328,803,125 <DEPOSITS> 199,775,439 <SHORT-TERM> 37,250,000 <LIABILITIES-OTHER> 3,001,205 <LONG-TERM> 59,078,557 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20,156,823 <OTHER-SE> 9,541,101 <TOTAL-LIABILITIES-AND-EQUITY> 328,803,125 <INTEREST-LOAN> 5,825,740 <INTEREST-INVEST> 416,859 <INTEREST-OTHER> 36,043 <INTEREST-TOTAL> 6,278,642 <INTEREST-DEPOSIT> 2,308,633 <INTEREST-EXPENSE> 3,649,491 <INTEREST-INCOME-NET> 2,629,151 <LOAN-LOSSES> 45,000 <SECURITIES-GAINS> 141,836 <EXPENSE-OTHER> 1,316,637 <INCOME-PRETAX> 1,743,723 <INCOME-PRE-EXTRAORDINARY> 1,743,723 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,098,964 <EPS-PRIMARY> .74 <EPS-DILUTED> .74 <YIELD-ACTUAL> 8.22 <LOANS-NON> 346,620 <LOANS-PAST> 27,523 <LOANS-TROUBLED> 44,179 <LOANS-PROBLEM> 2,581,896 <ALLOWANCE-OPEN> 1,860,380 <CHARGE-OFFS> 10,422 <RECOVERIES> 1,170 <ALLOWANCE-CLOSE> 1,896,128 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 77,327