<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 483,960 <INT-BEARING-DEPOSITS> 3,831,121 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 16,038,351 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 61,229,636 <ALLOWANCE> 235,814 <TOTAL-ASSETS> 85,801,237 <DEPOSITS> 61,741,234 <SHORT-TERM> 5,500,000 <LIABILITIES-OTHER> 2,349,134 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,562,762 <OTHER-SE> 8,648,107 <TOTAL-LIABILITIES-AND-EQUITY> 85,801,237 <INTEREST-LOAN> 3,729,466 <INTEREST-INVEST> 698,624 <INTEREST-OTHER> 166,492 <INTEREST-TOTAL> 4,594,582 <INTEREST-DEPOSIT> 2,123,531 <INTEREST-EXPENSE> 2,294,246 <INTEREST-INCOME-NET> 2,300,336 <LOAN-LOSSES> 17,000 <SECURITIES-GAINS> (50,620) <EXPENSE-OTHER> 961,541 <INCOME-PRETAX> 1,385,860 <INCOME-PRE-EXTRAORDINARY> 871,660 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 871,660 <EPS-PRIMARY> .69 <EPS-DILUTED> .69 <YIELD-ACTUAL> 3.98 <LOANS-NON> 318 <LOANS-PAST> 318 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 235,970 <CHARGE-OFFS> 18 <RECOVERIES> 1 <ALLOWANCE-CLOSE> 235,814 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 235,814