<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 2,598,500 <INT-BEARING-DEPOSITS> 10,000 <FED-FUNDS-SOLD> 2,350,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,118,402 <INVESTMENTS-CARRYING> 7,594,347 <INVESTMENTS-MARKET> 7,533,394 <LOANS> 31,893,984 <ALLOWANCE> 646,230 <TOTAL-ASSETS> 57,171,801 <DEPOSITS> 50,693,953 <SHORT-TERM> 0 <LIABILITIES-OTHER> 410,558 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,500,000 <OTHER-SE> 4,567,290 <TOTAL-LIABILITIES-AND-EQUITY> 57,171,801 <INTEREST-LOAN> 2,237,317 <INTEREST-INVEST> 614,488 <INTEREST-OTHER> 188,231 <INTEREST-TOTAL> 3,040,036 <INTEREST-DEPOSIT> 1,415,576 <INTEREST-EXPENSE> 1,428,217 <INTEREST-INCOME-NET> 1,611,819 <LOAN-LOSSES> 90,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 795,260 <INCOME-PRETAX> 890,297 <INCOME-PRE-EXTRAORDINARY> 890,297 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 585,597 <EPS-PRIMARY> 1.95 <EPS-DILUTED> 1.95 <YIELD-ACTUAL> 4.36 <LOANS-NON> 321,428 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 602,130 <ALLOWANCE-OPEN> 617,457 <CHARGE-OFFS> 71,227 <RECOVERIES> 10,000 <ALLOWANCE-CLOSE> 646,230 <ALLOWANCE-DOMESTIC> 646,230 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0