<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 32,650,493 <INT-BEARING-DEPOSITS> 774,469 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 114,664,803 <INVESTMENTS-CARRYING> 79,373,683 <INVESTMENTS-MARKET> 78,959,000 <LOANS> 572,493,488 <ALLOWANCE> 8,626,416 <TOTAL-ASSETS> 837,300,787 <DEPOSITS> 709,760,444 <SHORT-TERM> 43,441,386 <LIABILITIES-OTHER> 4,044,585 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 56,824,385 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 837,300,787 <INTEREST-LOAN> 13,260,133 <INTEREST-INVEST> 2,624,155 <INTEREST-OTHER> 35,103 <INTEREST-TOTAL> 15,919,391 <INTEREST-DEPOSIT> 6,563,307 <INTEREST-EXPENSE> 418,967 <INTEREST-INCOME-NET> 8,937,117 <LOAN-LOSSES> 310,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 6,809,804 <INCOME-PRETAX> 3,793,966 <INCOME-PRE-EXTRAORDINARY> 3,793,966 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,383,966 <EPS-PRIMARY> 0.24 <EPS-DILUTED> 0.24 <YIELD-ACTUAL> 4.88 <LOANS-NON> 1,119,000 <LOANS-PAST> 1,250,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 8,402,149 <CHARGE-OFFS> 116,945 <RECOVERIES> 129,393 <ALLOWANCE-CLOSE> 8,626,416 <ALLOWANCE-DOMESTIC> 8,626,416 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0