<ARTICLE> 9 <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-1-1999 <PERIOD-END> MAR-31-1999 <PERIOD-TYPE> 3-MOS <CASH> 2,973,607 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 14,570,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 12,608,312 <INVESTMENTS-CARRYING> 5,289,454 <INVESTMENTS-MARKET> 5,316,669 <LOANS> 53,614,604 <ALLOWANCE> 942,349 <TOTAL-ASSETS> 91,267,093 <DEPOSITS> 81,706,140 <SHORT-TERM> 510,000 <LIABILITIES-OTHER> 761,516 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,500,000 <OTHER-SE> 6,789,437 <TOTAL-LIABILITIES-AND-EQUITY> 91,267,093 <INTEREST-LOAN> 1,239,225 <INTEREST-INVEST> 220,566 <INTEREST-OTHER> 178,710 <INTEREST-TOTAL> 1,638,501 <INTEREST-DEPOSIT> 779,724 <INTEREST-EXPENSE> 784,590 <INTEREST-INCOME-NET> 853,911 <LOAN-LOSSES> 95,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 425,266 <INCOME-PRETAX> 450,540 <INCOME-PRE-EXTRAORDINARY> 450,540 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 302,482 <EPS-PRIMARY> 1.01 <EPS-DILUTED> 1.01 <YIELD-ACTUAL> 4.04 <LOANS-NON> 889,859 <LOANS-PAST> 3,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 917,932 <ALLOWANCE-OPEN> 929,482 <CHARGE-OFFS> 83,113 <RECOVERIES> 980 <ALLOWANCE-CLOSE> 942,349 <ALLOWANCE-DOMESTIC> 942,349 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0