<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 506,190 <INT-BEARING-DEPOSITS> (138,431) <FED-FUNDS-SOLD> 600,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 44,113,686 <INVESTMENTS-CARRYING> 15,029,796 <INVESTMENTS-MARKET> 14,802,348 <LOANS> 112,468,140 <ALLOWANCE> 403,002 <TOTAL-ASSETS> 178,289,941 <DEPOSITS> 127,456,094 <SHORT-TERM> 1,700,000 <LIABILITIES-OTHER> 1,033,060 <LONG-TERM> 14,343,954 <COMMON> 24,940,362 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 8,816,471 <TOTAL-LIABILITIES-AND-EQUITY> 178,289,941 <INTEREST-LOAN> 6,501,728 <INTEREST-INVEST> 2,675,813 <INTEREST-OTHER> 160,458 <INTEREST-TOTAL> 9,337,999 <INTEREST-DEPOSIT> 4,618,566 <INTEREST-EXPENSE> 4,987,087 <INTEREST-INCOME-NET> 4,350,912 <LOAN-LOSSES> 70,100 <SECURITIES-GAINS> 214,097 <EXPENSE-OTHER> 2,740,959 <INCOME-PRETAX> 1,926,269 <INCOME-PRE-EXTRAORDINARY> 1,926,269 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,266,269 <EPS-PRIMARY> .54 <EPS-DILUTED> .54 <YIELD-ACTUAL> 7.59 <LOANS-NON> 305,579 <LOANS-PAST> 379,540 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 332,902 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 403,002 <ALLOWANCE-DOMESTIC> 403,002 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 254,446