<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FORM 10-QSB.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                       6,719,111
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                             7,256,117
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                        30,023,986
<LOANS>                                    148,287,308
<ALLOWANCE>                                  1,324,038
<TOTAL-ASSETS>                             198,603,449
<DEPOSITS>                                 183,972,134
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,494,514
<LONG-TERM>                                    149,294
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    430,250
<COMMON>                                        27,400
<OTHER-SE>                                  12,529,857
<TOTAL-LIABILITIES-AND-EQUITY>             198,603,449
<INTEREST-LOAN>                              6,196,222
<INTEREST-INVEST>                              941,344
<INTEREST-OTHER>                               136,551
<INTEREST-TOTAL>                             7,273,917
<INTEREST-DEPOSIT>                           3,626,569
<INTEREST-EXPENSE>                           3,678,311
<INTEREST-INCOME-NET>                        3,595,606
<LOAN-LOSSES>                                  256,859
<SECURITIES-GAINS>                               1,237
<EXPENSE-OTHER>                              3,140,308
<INCOME-PRETAX>                                486,906
<INCOME-PRE-EXTRAORDINARY>                     486,906
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   308,585
<EPS-PRIMARY>                                     0.23
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    8.03
<LOANS-NON>                                  1,413,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                386,669
<ALLOWANCE-OPEN>                             1,320,000
<CHARGE-OFFS>                                  255,000
<RECOVERIES>                                     2,000
<ALLOWANCE-CLOSE>                            1,324,000
<ALLOWANCE-DOMESTIC>                         1,324,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0