<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 246,391 <SECURITIES> 0 <RECEIVABLES> 1,039,415 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 239,427 <DEPRECIATION> 57,546 <TOTAL-ASSETS> 51,492,340 <CURRENT-LIABILITIES> 0 <BONDS> 5,395,410 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 105,710 <OTHER-SE> 33,130,615 <TOTAL-LIABILITY-AND-EQUITY> 51,492,340 <SALES> 28,381,548 <TOTAL-REVENUES> 28,381,548 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 15,527,011 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 365,616 <INCOME-PRETAX> 12,488,921 <INCOME-TAX> 4,164,123 <INCOME-CONTINUING> 8,324,798 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,324,798 <EPS-PRIMARY> 0.79 <EPS-DILUTED> 0.79