<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     THE SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  EXTRACTED FROM THE
     QUARTERLY  REPORT ON FORM 10-Q FOR THE FISCAL  QUARTER ENDED MARCH 31, 1997
     AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-END>                                   MAR-31-1997
<CASH>                                             450,479
<INT-BEARING-DEPOSITS>                           2,031,762
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                     34,870,198
<INVESTMENTS-CARRYING>                                   0
<INVESTMENTS-MARKET>                                     0
<LOANS>                                         35,607,679
<ALLOWANCE>                                        186,000
<TOTAL-ASSETS>                                  75,118,018
<DEPOSITS>                                      41,867,407
<SHORT-TERM>                                             0
<LIABILITIES-OTHER>                                774,299
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            21,821
<OTHER-SE>                                      32,954,492
<TOTAL-LIABILITIES-AND-EQUITY>                  75,118,018
<INTEREST-LOAN>                                    803,916
<INTEREST-INVEST>                                  499,622
<INTEREST-OTHER>                                    75,761
<INTEREST-TOTAL>                                 1,379,299
<INTEREST-DEPOSIT>                                 424,327
<INTEREST-EXPENSE>                                 424,327
<INTEREST-INCOME-NET>                              954,972
<LOAN-LOSSES>                                            0
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                    280,074
<INCOME-PRETAX>                                    698,985
<INCOME-PRE-EXTRAORDINARY>                         429,796
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                       429,796
<EPS-PRIMARY>                                            0
<EPS-DILUTED>                                            0
<YIELD-ACTUAL>                                        5.11
<LOANS-NON>                                      1,073,434
<LOANS-PAST>                                     2,565,944
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                   186,000
<CHARGE-OFFS>                                            0
<RECOVERIES>                                             0
<ALLOWANCE-CLOSE>                                  186,000
<ALLOWANCE-DOMESTIC>                                     0
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        


</TABLE>