<ARTICLE> 9 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 24,457,790 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 3,000,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 53,699,964 <INVESTMENTS-CARRYING> 77,947,602 <INVESTMENTS-MARKET> 78,602,346 <LOANS> 316,865,498 <ALLOWANCE> 5,058,371 <TOTAL-ASSETS> 487,060,698 <DEPOSITS> 399,634,181 <SHORT-TERM> 2,909,385 <LIABILITIES-OTHER> 3,937,219 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,007,784 <OTHER-SE> 71,572,129 <TOTAL-LIABILITIES-AND-EQUITY> 487,060,698 <INTEREST-LOAN> 23,063,382 <INTEREST-INVEST> 5,664,523 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 28,727,905 <INTEREST-DEPOSIT> 10,582,546 <INTEREST-EXPENSE> 10,731,123 <INTEREST-INCOME-NET> 17,996,782 <LOAN-LOSSES> 545,000 <SECURITIES-GAINS> 38,098 <EXPENSE-OTHER> 7,215,085 <INCOME-PRETAX> 13,837,176 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,282,176 <EPS-PRIMARY> 1.03 <EPS-DILUTED> 1.03 <YIELD-ACTUAL> 0 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0