<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 6,088,809 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 7,055,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 5,125,371 <INVESTMENTS-CARRYING> 68,358,214 <INVESTMENTS-MARKET> 69,050,000 <LOANS> 78,250,559 <ALLOWANCE> 1,155,781 <TOTAL-ASSETS> 169,394,046 <DEPOSITS> 141,012,303 <SHORT-TERM> 3,248,102 <LIABILITIES-OTHER> 925,696 <LONG-TERM> 0 <COMMON> 9,156,510 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 15,051,435 <TOTAL-LIABILITIES-AND-EQUITY> 169,394,046 <INTEREST-LOAN> 3,563,025 <INTEREST-INVEST> 2,578,178 <INTEREST-OTHER> 182,267 <INTEREST-TOTAL> 6,323,470 <INTEREST-DEPOSIT> 2,331,797 <INTEREST-EXPENSE> 2,373,131 <INTEREST-INCOME-NET> 3,950,339 <LOAN-LOSSES> 90,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,770,502 <INCOME-PRETAX> 1,484,951 <INCOME-PRE-EXTRAORDINARY> 1,150,284 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,150,284 <EPS-PRIMARY> 1.26 <EPS-DILUTED> 1.26 <YIELD-ACTUAL> 5.33 <LOANS-NON> 156,236 <LOANS-PAST> 28,185 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,987,525 <ALLOWANCE-OPEN> 1,046,542 <CHARGE-OFFS> 23,884 <RECOVERIES> 43,123 <ALLOWANCE-CLOSE> 1,155,781 <ALLOWANCE-DOMESTIC> 163,946 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 991,835