<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 29,992,622 <INT-BEARING-DEPOSITS> 206,893 <FED-FUNDS-SOLD> 25,750,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 59,987,221 <INVESTMENTS-CARRYING> 90,191,263 <INVESTMENTS-MARKET> 91,892,572 <LOANS> 373,242,251 <ALLOWANCE> 4,782,190 <TOTAL-ASSETS> 593,577,417 <DEPOSITS> 458,022,113 <SHORT-TERM> 22,838,681 <LIABILITIES-OTHER> 4,611,858 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,494,067 <OTHER-SE> 96,610,698 <TOTAL-LIABILITIES-AND-EQUITY> 593,577,417 <INTEREST-LOAN> 9,468,768 <INTEREST-INVEST> 2,079,742 <INTEREST-OTHER> 241,939 <INTEREST-TOTAL> 11,790,449 <INTEREST-DEPOSIT> 3,679,938 <INTEREST-EXPENSE> 4,008,787 <INTEREST-INCOME-NET> 7,781,662 <LOAN-LOSSES> 164,579 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,414,690 <INCOME-PRETAX> 5,634,779 <INCOME-PRE-EXTRAORDINARY> 5,634,779 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,765,264 <EPS-PRIMARY> 0.33 <EPS-DILUTED> 0.33 <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