<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 5,409,501 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 12,695,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 13,040,945 <INVESTMENTS-CARRYING> 57,551,513 <INVESTMENTS-MARKET> 59,789,000 <LOANS> 88,776,260 <ALLOWANCE> 1,254,204 <TOTAL-ASSETS> 184,281,190 <DEPOSITS> 151,536,681 <SHORT-TERM> 4,513,448 <LIABILITIES-OTHER> 1,199,022 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,447,640 <OTHER-SE> 15,584,399 <TOTAL-LIABILITIES-AND-EQUITY> 184,281,190 <INTEREST-LOAN> 5,838,783 <INTEREST-INVEST> 3,715,132 <INTEREST-OTHER> 453,220 <INTEREST-TOTAL> 10,007,135 <INTEREST-DEPOSIT> 3,633,901 <INTEREST-EXPENSE> 3,789,119 <INTEREST-INCOME-NET> 6,218,016 <LOAN-LOSSES> 90,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,561,749 <INCOME-PRETAX> 2,202,007 <INCOME-PRE-EXTRAORDINARY> 1,755,259 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,755,259 <EPS-PRIMARY> .77 <EPS-DILUTED> .77 <YIELD-ACTUAL> 5.22 <LOANS-NON> 123,951 <LOANS-PAST> 33,375 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,467,084 <ALLOWANCE-OPEN> 1,232,464 <CHARGE-OFFS> 124,254 <RECOVERIES> 55,994 <ALLOWANCE-CLOSE> 1,254,204 <ALLOWANCE-DOMESTIC> 117,225 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,136,979