<ARTICLE> 9 <PERIOD-TYPE> 3-MOS 6-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997 <PERIOD-START> JAN-01-1997 JAN-01-1997 JAN-01-1997 <PERIOD-END> MAR-31-1997 JUN-30-1997 SEP-30-1997 <CASH> 17,520,433 20,141,286 18,483,726 <INT-BEARING-DEPOSITS> 217,831,639 218,125,280 231,166,725 <FED-FUNDS-SOLD> 9,503,000 12,924,000 17,074,000 <TRADING-ASSETS> 0 0 0 <INVESTMENTS-HELD-FOR-SALE> 29,051,455 28,393,561 43,887,311 <INVESTMENTS-CARRYING> 63,648,380 63,897,480 56,620,480 <INVESTMENTS-MARKET> 63,185,060 63,773,193 56,728,847 <LOANS> 173,779,309 176,490,823 181,757,346 <ALLOWANCE> (2,678,343) (2,345,762) (2,239,520) <TOTAL-ASSETS> 331,520,202 320,475,209 335,829,386 <DEPOSITS> 276,641,566 284,749,406 299,268,587 <SHORT-TERM> 0 0 0 <LIABILITIES-OTHER> 1,880,927 1,650,856 1,838,220 <LONG-TERM> 0 0 0 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 11,475,388 11,506,138 11,536,339 <OTHER-SE> 21,522,321 22,568,829 23,186,340 <TOTAL-LIABILITIES-AND-EQUITY> 311,520,202 320,475,229 335,829,386 <INTEREST-LOAN> 4,609,041 9,157,101 13,901,268 <INTEREST-INVEST> 1,297,620 2,650,908 4,063,701 <INTEREST-OTHER> 134,539 271,514 459,404 <INTEREST-TOTAL> 6,041,200 12,079,523 18,424,373 <INTEREST-DEPOSIT> 2,012,248 4,089,626 6,228,045 <INTEREST-EXPENSE> 2,012,248 4,089,626 6,228,045 <INTEREST-INCOME-NET> 3,998,952 7,989,896 12,196,328 <LOAN-LOSSES> 30,000 30,000 30,000 <SECURITIES-GAINS> 0 0 0 <EXPENSE-OTHER> 3,367,311 6,677,393 3,865,193 <INCOME-PRETAX> 1,467,763 2,994,866 4,877,085 <INCOME-PRE-EXTRAORDINARY> 1,467,763 2,994,866 4,877,085 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 914,963 1,850,066 2,992,285 <EPS-PRIMARY> 0.31 0.62 1.01 <EPS-DILUTED> 0.30 0.61 0.99 <YIELD-ACTUAL> 5.92 5.84 5.45 <LOANS-NON> 1,137,911 1,324,869 850,155 <LOANS-PAST> 11,297 41,627 0 <LOANS-TROUBLED> 216,745 538,770 768,406 <LOANS-PROBLEM> 0 0 0 <ALLOWANCE-OPEN> 2,351,221 2,351,221 2,351,221 <CHARGE-OFFS> (88,630) (441,648) (569,811) <RECOVERIES> 34,897 55,334 77,255 <ALLOWANCE-CLOSE> 2,678,343 2,345,762 2,239,520 <ALLOWANCE-DOMESTIC> 2,678,343 2,345,762 2,239,520 <ALLOWANCE-FOREIGN> 0 0 0 <ALLOWANCE-UNALLOCATED> 0 0 0