<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 23,246,300 <INT-BEARING-DEPOSITS> 144,332 <FED-FUNDS-SOLD> 16,700,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 57,022,729 <INVESTMENTS-CARRYING> 83,368,551 <INVESTMENTS-MARKET> 86,170,681 <LOANS> 371,550,775 <ALLOWANCE> 4,440,340 <TOTAL-ASSETS> 566,834,734 <DEPOSITS> 437,129,893 <SHORT-TERM> 23,726,254 <LIABILITIES-OTHER> 3,151,303 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,464,913 <OTHER-SE> 91,362,371 <TOTAL-LIABILITIES-AND-EQUITY> 566,834,734 <INTEREST-LOAN> 29,212,731 <INTEREST-INVEST> 5,771,672 <INTEREST-OTHER> 514,855 <INTEREST-TOTAL> 35,499,258 <INTEREST-DEPOSIT> 11,101,928 <INTEREST-EXPENSE> 11,829,681 <INTEREST-INCOME-NET> 23,669,577 <LOAN-LOSSES> 4,008,330 <SECURITIES-GAINS> 99 <EXPENSE-OTHER> 11,835,464 <INCOME-PRETAX> 14,198,283 <INCOME-PRE-EXTRAORDINARY> 14,198,283 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,571,288 <EPS-PRIMARY> 0.84 <EPS-DILUTED> 0.83 <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