<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 8,305,483 <INT-BEARING-DEPOSITS> 1,023,752 <FED-FUNDS-SOLD> 17,600,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,623,507 <INVESTMENTS-CARRYING> 111,915,025 <INVESTMENTS-MARKET> 111,842,746 <LOANS> 197,099,994 <ALLOWANCE> 9,751,911 <TOTAL-ASSETS> 346,355,659 <DEPOSITS> 245,287,302 <SHORT-TERM> 631,000 <LIABILITIES-OTHER> 12,849,847 <LONG-TERM> 4,823,760 <COMMON> 13,334,672 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 69,429,078 <TOTAL-LIABILITIES-AND-EQUITY> 346,355,659 <INTEREST-LOAN> 19,663,500 <INTEREST-INVEST> 6,450,747 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 26,114,247 <INTEREST-DEPOSIT> 7,254,955 <INTEREST-EXPENSE> 7,497,659 <INTEREST-INCOME-NET> 18,616,588 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 11,653,579 <INCOME-PRETAX> 10,850,728 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,418,485 <EPS-PRIMARY> .92 <EPS-DILUTED> .92 <YIELD-ACTUAL> 7.32 <LOANS-NON> 4,052,681 <LOANS-PAST> 0 <LOANS-TROUBLED> 702,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 9,746,559 <CHARGE-OFFS> 471,104 <RECOVERIES> 1,476,456 <ALLOWANCE-CLOSE> 9,751,911 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0