<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                      19,591,814
<INT-BEARING-DEPOSITS>                               0
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<ALLOWANCE>                                 10,252,508
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<INTEREST-INCOME-NET>                       32,220,308
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