<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF CORNERSTONE COMMUNITY BANK FOR THE YEAR ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 6,173,892 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 1,130,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 10,779,662 <INVESTMENTS-MARKET> 7,544,579 <LOANS> 60,589,987 <ALLOWANCE> 915,005 <TOTAL-ASSETS> 92,702,885 <DEPOSITS> 81,849,805 <SHORT-TERM> 855,000 <LIABILITIES-OTHER> 926,198 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 874,954 <OTHER-SE> 8,199,928 <TOTAL-LIABILITIES-AND-EQUITY> 92,702,885 <INTEREST-LOAN> 3,408,638 <INTEREST-INVEST> 886,300 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 4,294,938 <INTEREST-DEPOSIT> 2,129,443 <INTEREST-EXPENSE> 12,038 <INTEREST-INCOME-NET> 2,141,481 <LOAN-LOSSES> 273,277 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,722,141 <INCOME-PRETAX> 368,434 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 224,100 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 4.80 <LOANS-NON> 0 <LOANS-PAST> 144,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 201,422 <CHARGE-OFFS> 16,654 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 915,005 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 915,005