<ARTICLE> 9 <LEGEND> The schedule contains summary financial information extacted from the Form 10-Q for the quarter ended June 30, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,792,273 <INT-BEARING-DEPOSITS> 3,083,869 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 1,485,362 <INVESTMENTS-HELD-FOR-SALE> 42,875,944 <INVESTMENTS-CARRYING> 93,613,392 <INVESTMENTS-MARKET> 93,499,555 <LOANS> 271,194,429 <ALLOWANCE> 849,152 <TOTAL-ASSETS> 426,705,101 <DEPOSITS> 317,958,799 <SHORT-TERM> 46,312,000 <LIABILITIES-OTHER> 6,472,712 <LONG-TERM> 28,300,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,866 <OTHER-SE> 27,647,904 <TOTAL-LIABILITIES-AND-EQUITY> 426,705,101 <INTEREST-LOAN> 9,726,307 <INTEREST-INVEST> 4,905,119 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 14,631,426 <INTEREST-DEPOSIT> 7,140,700 <INTEREST-EXPENSE> 8,902,567 <INTEREST-INCOME-NET> 5,728,859 <LOAN-LOSSES> 90,000 <SECURITIES-GAINS> 294,300 <EXPENSE-OTHER> 5,206,711 <INCOME-PRETAX> 2,089,846 <INCOME-PRE-EXTRAORDINARY> 1,348,046 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,348,046 <EPS-PRIMARY> .52 <EPS-DILUTED> .52 <YIELD-ACTUAL> 2.85 <LOANS-NON> 2,057,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 967,360 <CHARGE-OFFS> 212,311 <RECOVERIES> 4,103 <ALLOWANCE-CLOSE> 849,152 <ALLOWANCE-DOMESTIC> 160,134 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 689,018