<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-Q FOR THE 9 MONTH PERIOD ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       3,027,796
<INT-BEARING-DEPOSITS>                       3,907,039
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                             1,607,132
<INVESTMENTS-HELD-FOR-SALE>                 36,897,957
<INVESTMENTS-CARRYING>                      89,674,720
<INVESTMENTS-MARKET>                        89,907,630
<LOANS>                                    285,829,341
<ALLOWANCE>                                    865,348
<TOTAL-ASSETS>                             432,559,169
<DEPOSITS>                                 314,821,963
<SHORT-TERM>                                49,070,000
<LIABILITIES-OTHER>                          5,671,307
<LONG-TERM>                                 34,300,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        13,686      
<OTHER-SE>                                  28,682,213
<TOTAL-LIABILITIES-AND-EQUITY>             432,559,169
<INTEREST-LOAN>                             15,140,106
<INTEREST-INVEST>                            7,198,000
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            22,338,106
<INTEREST-DEPOSIT>                          10,703,533
<INTEREST-EXPENSE>                          13,613,878
<INTEREST-INCOME-NET>                        8,724,228
<LOAN-LOSSES>                                  135,000
<SECURITIES-GAINS>                             538,561
<EXPENSE-OTHER>                              8,009,916
<INCOME-PRETAX>                              3,230,663
<INCOME-PRE-EXTRAORDINARY>                   2,077,763
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,077,763
<EPS-PRIMARY>                                     1.55
<EPS-DILUTED>                                     1.53
<YIELD-ACTUAL>                                    2.86
<LOANS-NON>                                  1,430,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               967,360
<CHARGE-OFFS>                                  242,966
<RECOVERIES>                                     5,954
<ALLOWANCE-CLOSE>                              865,348
<ALLOWANCE-DOMESTIC>                           153,818
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        711,530