<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,545,166 <INT-BEARING-DEPOSITS> 5,307,070 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 1,361,638 <INVESTMENTS-HELD-FOR-SALE> 43,353,309 <INVESTMENTS-CARRYING> 97,537,048 <INVESTMENTS-MARKET> 97,326,991 <LOANS> 242,782,543 <ALLOWANCE> 967,360 <TOTAL-ASSETS> 404,091,994 <DEPOSITS> 309,581,005 <SHORT-TERM> 34,938,000 <LIABILITIES-OTHER> 5,319,307 <LONG-TERM> 28,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,653 <OTHER-SE> 26,240,029 <TOTAL-LIABILITIES-AND-EQUITY> 404,091,994 <INTEREST-LOAN> 14,954,462 <INTEREST-INVEST> 11,502,427 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 26,456,889 <INTEREST-DEPOSIT> 13,286,399 <INTEREST-EXPENSE> 15,916,449 <INTEREST-INCOME-NET> 10,540,440 <LOAN-LOSSES> 192,680 <SECURITIES-GAINS> 417,793 <EXPENSE-OTHER> 12,013,102 <INCOME-PRETAX> 1,616,397 <INCOME-PRE-EXTRAORDINARY> 1,052,097 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,052,097 <EPS-PRIMARY> .80 <EPS-DILUTED> .80 <YIELD-ACTUAL> 2.89 <LOANS-NON> 1,011,000 <LOANS-PAST> 275,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 772,850 <CHARGE-OFFS> 68,824 <RECOVERIES> 70,654 <ALLOWANCE-CLOSE> 967,360 <ALLOWANCE-DOMESTIC> 298,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 669,360