<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 6,874,460 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 6,210,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 10,750,282 <INVESTMENTS-CARRYING> 69,116,708 <INVESTMENTS-MARKET> 70,625,000 <LOANS> 81,182,472 <ALLOWANCE> 1,192,618 <TOTAL-ASSETS> 179,627,750 <DEPOSITS> 148,143,032 <SHORT-TERM> 4,461,551 <LIABILITIES-OTHER> 1,076,240 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,447,640 <OTHER-SE> 14,499,287 <TOTAL-LIABILITIES-AND-EQUITY> 179,627,750 <INTEREST-LOAN> 5,541,534 <INTEREST-INVEST> 3,913,552 <INTEREST-OTHER> 361,392 <INTEREST-TOTAL> 9,816,478 <INTEREST-DEPOSIT> 3,659,864 <INTEREST-EXPENSE> 3,787,444 <INTEREST-INCOME-NET> 6,029,034 <LOAN-LOSSES> 90,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,248,392 <INCOME-PRETAX> 2,229,473 <INCOME-PRE-EXTRAORDINARY> 1,738,038 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,738,038 <EPS-PRIMARY> 1.52 <EPS-DILUTED> 1.52 <YIELD-ACTUAL> 5.18 <LOANS-NON> 459,618 <LOANS-PAST> 30,132 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 2,088,492 <ALLOWANCE-OPEN> 1,150,917 <CHARGE-OFFS> 65,984 <RECOVERIES> 17,685 <ALLOWANCE-CLOSE> 1,192,618 <ALLOWANCE-DOMESTIC> 125,005 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,067,613