<ARTICLE> 9
<LEGEND> This schedule contains summary financial information extracted from 
the Balance Sheet/Income Statement and is qualified in its entirety by reference
to such financial statements. 
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                       1,712,024
<INT-BEARING-DEPOSITS>                       4,817,693
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 51,234,184
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    258,576,406
<ALLOWANCE>                                  2,661,210
<TOTAL-ASSETS>                             334,718,424
<DEPOSITS>                                 245,659,068
<SHORT-TERM>                                14,250,000
<LIABILITIES-OTHER>                          2,236,078
<LONG-TERM>                                 22,837,759
<COMMON>                                        40,111
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  49,695,408
<TOTAL-LIABILITIES-AND-EQUITY>             334,718,424
<INTEREST-LOAN>                             15,118,419
<INTEREST-INVEST>                            2,441,673
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            17,560,092
<INTEREST-DEPOSIT>                           8,044,700
<INTEREST-EXPENSE>                           9,481,407
<INTEREST-INCOME-NET>                        8,078,685
<LOAN-LOSSES>                                  180,000
<SECURITIES-GAINS>                              51,362
<EXPENSE-OTHER>                              5,516,834
<INCOME-PRETAX>                              5,171,857
<INCOME-PRE-EXTRAORDINARY>                   5,171,857
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,296,010
<EPS-PRIMARY>                                     1.07
<EPS-DILUTED>                                     1.04
<YIELD-ACTUAL>                                    7.69
<LOANS-NON>                                    541,663
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             2,150,588
<CHARGE-OFFS>                                   13,651
<RECOVERIES>                                       855
<ALLOWANCE-CLOSE>                            2,661,210
<ALLOWANCE-DOMESTIC>                         2,661,210
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0