<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 19,725,777 <INT-BEARING-DEPOSITS> 180,000 <FED-FUNDS-SOLD> 5,086,113 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 68,885,753 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 344,014,593 <ALLOWANCE> 5,343,341 <TOTAL-ASSETS> 455,719,021 <DEPOSITS> 394,983,314 <SHORT-TERM> 13,163,384 <LIABILITIES-OTHER> 12,452,974 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,898,173 <OTHER-SE> 30,221,176 <TOTAL-LIABILITIES-AND-EQUITY> 455,719,021 <INTEREST-LOAN> 15,406,894 <INTEREST-INVEST> 2,003,082 <INTEREST-OTHER> 480,703 <INTEREST-TOTAL> 17,890,679 <INTEREST-DEPOSIT> 7,734,727 <INTEREST-EXPENSE> 7,801,275 <INTEREST-INCOME-NET> 10,089,404 <LOAN-LOSSES> 451,000 <SECURITIES-GAINS> (32,017) <EXPENSE-OTHER> 9,054,544 <INCOME-PRETAX> 4,087,882 <INCOME-PRE-EXTRAORDINARY> 4,087,882 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,775,425 <EPS-PRIMARY> 1.21 <EPS-DILUTED> 1.21 <YIELD-ACTUAL> 0 <LOANS-NON> 1,210,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 5,066,600 <CHARGE-OFFS> 426,259 <RECOVERIES> 252,000 <ALLOWANCE-CLOSE> 5,343,341 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0