<ARTICLE> 9

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                      35,394,245
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                             1,900,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 27,475,855
<INVESTMENTS-CARRYING>                     122,612,546
<INVESTMENTS-MARKET>                       121,682,000
<LOANS>                                    314,941,484
<ALLOWANCE>                                  4,130,145
<TOTAL-ASSETS>                             522,382,078
<DEPOSITS>                                 405,368,674
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          4,150,411
<LONG-TERM>                                    235,443
<PREFERRED-MANDATORY>                        2,952,672
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  73,181,232
<TOTAL-LIABILITIES-AND-EQUITY>             522,382,078
<INTEREST-LOAN>                             19,304,197
<INTEREST-INVEST>                            6,498,657
<INTEREST-OTHER>                               439,188
<INTEREST-TOTAL>                            26,242,042
<INTEREST-DEPOSIT>                           9,682,632
<INTEREST-EXPENSE>                          10,794,779
<INTEREST-INCOME-NET>                       15,447,263
<LOAN-LOSSES>                                   90,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              3,597,833
<INCOME-PRETAX>                              6,574,321
<INCOME-PRE-EXTRAORDINARY>                   6,574,321
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 4,361,111
<EPS-BASIC>                                          1
<EPS-DILUTED>                                        1
<YIELD-ACTUAL>                                    4.43
<LOANS-NON>                                      2,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             4,382,157
<CHARGE-OFFS>                                  403,793
<RECOVERIES>                                    61,781
<ALLOWANCE-CLOSE>                            4,130,145
<ALLOWANCE-DOMESTIC>                         4,130,145
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         50,000