<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 7,633,763 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 9,655,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,378,675 <INVESTMENTS-CARRYING> 68,697,140 <INVESTMENTS-MARKET> 69,571,000 <LOANS> 80,106,731 <ALLOWANCE> 1,185,779 <TOTAL-ASSETS> 174,232,950 <DEPOSITS> 145,012,352 <SHORT-TERM> 3,613,371 <LIABILITIES-OTHER> 989,660 <LONG-TERM> 0 <COMMON> 9,156,510 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 15,461,057 <TOTAL-LIABILITIES-AND-EQUITY> 174,232,950 <INTEREST-LOAN> 5,392,831 <INTEREST-INVEST> 3,812,356 <INTEREST-OTHER> 288,257 <INTEREST-TOTAL> 9,493,444 <INTEREST-DEPOSIT> 3,493,595 <INTEREST-EXPENSE> 3,575,916 <INTEREST-INCOME-NET> 5,917,528 <LOAN-LOSSES> 135,000 <SECURITIES-GAINS> 21,097 <EXPENSE-OTHER> 4,169,388 <INCOME-PRETAX> 2,216,730 <INCOME-PRE-EXTRAORDINARY> 1,721,832 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,721,832 <EPS-PRIMARY> 1.89 <EPS-DILUTED> 1.89 <YIELD-ACTUAL> 5.30 <LOANS-NON> 97,617 <LOANS-PAST> 92,918 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,944,745 <ALLOWANCE-OPEN> 1,046,542 <CHARGE-OFFS> 42,927 <RECOVERIES> 47,164 <ALLOWANCE-CLOSE> 1,185,779 <ALLOWANCE-DOMESTIC> 155,045 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,030,734