<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 16,750,559 <INT-BEARING-DEPOSITS> 536,206 <FED-FUNDS-SOLD> 15,403,385 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 73,989,484 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 363,860,768 <ALLOWANCE> 5,307,791 <TOTAL-ASSETS> 491,281,754 <DEPOSITS> 418,639,743 <SHORT-TERM> 10,100,000 <LIABILITIES-OTHER> 4,806,711 <LONG-TERM> 17,476,032 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,806,196 <OTHER-SE> 30,453,072 <TOTAL-LIABILITIES-AND-EQUITY> 491,281,754 <INTEREST-LOAN> 17,313,066 <INTEREST-INVEST> 2,084,678 <INTEREST-OTHER> 372,903 <INTEREST-TOTAL> 19,770,647 <INTEREST-DEPOSIT> 8,591,847 <INTEREST-EXPENSE> 9,135,495 <INTEREST-INCOME-NET> 10,635,152 <LOAN-LOSSES> 540,000 <SECURITIES-GAINS> 37,836 <EXPENSE-OTHER> 11,762,256 <INCOME-PRETAX> 2,993,336 <INCOME-PRE-EXTRAORDINARY> 2,993,336 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,029,439 <EPS-PRIMARY> .50 <EPS-DILUTED> .50 <YIELD-ACTUAL> 4.51 <LOANS-NON> 1,187,024 <LOANS-PAST> 1,778,246 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 5,239,601 <CHARGE-OFFS> 618,578 <RECOVERIES> 146,768 <ALLOWANCE-CLOSE> 5,307,791 <ALLOWANCE-DOMESTIC> 2,623,362 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,684,429