<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                       1,111,088
<INT-BEARING-DEPOSITS>                       1,559,431
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 39,742,421
<INVESTMENTS-CARRYING>                      15,816,192
<INVESTMENTS-MARKET>                        15,595,106
<LOANS>                                    114,173,574
<ALLOWANCE>                                    528,202
<TOTAL-ASSETS>                             178,757,130
<DEPOSITS>                                 135,840,009
<SHORT-TERM>                                 1,000,000
<LIABILITIES-OTHER>                            890,739
<LONG-TERM>                                 14,677,203
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  26,349,179
<TOTAL-LIABILITIES-AND-EQUITY>             178,757,130
<INTEREST-LOAN>                              4,641,133
<INTEREST-INVEST>                            1,786,501
<INTEREST-OTHER>                                96,761
<INTEREST-TOTAL>                             6,524,395
<INTEREST-DEPOSIT>                           3,264,381
<INTEREST-EXPENSE>                         3,3,753,942
<INTEREST-INCOME-NET>                        2,770,453
<LOAN-LOSSES>                                   41,000
<SECURITIES-GAINS>                              44,685
<EXPENSE-OTHER>                              1,981,320
<INCOME-PRETAX>                              1,025,497
<INCOME-PRE-EXTRAORDINARY>                     677,497
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   677,497
<EPS-PRIMARY>                                     0.30
<EPS-DILUTED>                                     0.30
<YIELD-ACTUAL>                                    3.21
<LOANS-NON>                                    306,000
<LOANS-PAST>                                   269,000
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               487,202
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              528,202
<ALLOWANCE-DOMESTIC>                           528,202
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        215,250