<ARTICLE> 9 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <CASH> 2,767,682 <INT-BEARING-DEPOSITS> 6,729,528 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 1,245,142 <INVESTMENTS-HELD-FOR-SALE> 69,318,964 <INVESTMENTS-CARRYING> 111,604,993 <INVESTMENTS-MARKET> 110,948,547 <LOANS> 161,100,799 <ALLOWANCE> 814,000 <TOTAL-ASSETS> 362,272,392 <DEPOSITS> 298,243,447 <SHORT-TERM> 16,638,000 <LIABILITIES-OTHER> 4,512,405 <LONG-TERM> 17,000,000 <COMMON> 13,518 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 25,865,022 <TOTAL-LIABILITIES-AND-EQUITY> 362,272,392 <INTEREST-LOAN> 3,211,602 <INTEREST-INVEST> 3,194,056 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 6,222,197 <INTEREST-DEPOSIT> 3,257,143 <INTEREST-EXPENSE> 3,768,472 <INTEREST-INCOME-NET> 2,453,725 <LOAN-LOSSES> 45,680 <SECURITIES-GAINS> 90,611 <EXPENSE-OTHER> 2,519,361 <INCOME-PRETAX> 660,114 <INCOME-PRE-EXTRAORDINARY> 417,614 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 417,614 <EPS-PRIMARY> .32 <EPS-DILUTED> .32 <YIELD-ACTUAL> 2.79 <LOANS-NON> 910,000 <LOANS-PAST> 74,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 771,000 <CHARGE-OFFS> 3,000 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 814,000 <ALLOWANCE-DOMESTIC> 184,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 630,000