<ARTICLE> 9 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,903,612 <INT-BEARING-DEPOSITS> 2,791,718 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 53,735,677 <INVESTMENTS-CARRYING> 1,747,644 <INVESTMENTS-MARKET> 1,783,106 <LOANS> 113,156,953 <ALLOWANCE> 1,120,102 <TOTAL-ASSETS> 178,320,557 <DEPOSITS> 134,818,992 <SHORT-TERM> 13,269,959 <LIABILITIES-OTHER> 1,516,416 <LONG-TERM> 11,463,507 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,510 <OTHER-SE> 17,244,173 <TOTAL-LIABILITIES-AND-EQUITY> 178,320,557 <INTEREST-LOAN> 10,045,429 <INTEREST-INVEST> 923,198 <INTEREST-OTHER> 2,502,968 <INTEREST-TOTAL> 13,471,595 <INTEREST-DEPOSIT> 5,397,181 <INTEREST-EXPENSE> 6,406,756 <INTEREST-INCOME-NET> 7,064,839 <LOAN-LOSSES> 408,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 5,482,882 <INCOME-PRETAX> 2,104,927 <INCOME-PRE-EXTRAORDINARY> 2,104,927 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,319,727 <EPS-PRIMARY> 1.61 <EPS-DILUTED> 1.60 <YIELD-ACTUAL> 4.32 <LOANS-NON> 358,000 <LOANS-PAST> 341,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 733,573 <CHARGE-OFFS> 21,651 <RECOVERIES> 180 <ALLOWANCE-CLOSE> 1,120,102 <ALLOWANCE-DOMESTIC> 1,120,102 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0