<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF BANK HOLDING COMPANIES AND SAVINGS AND LOAN HOLDING
COMPANIES FOR THE YEAR ENDED DECEMBER 31, 1996, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<EXCHANGE-RATE>                                      1
<CASH>                                          30,615
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                               850,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  1,491,574
<INVESTMENTS-CARRYING>                       3,682,579
<INVESTMENTS-MARKET>                         3,678,250
<LOANS>                                              0
<ALLOWANCE>                                          0
<TOTAL-ASSETS>                               6,704,210
<DEPOSITS>                                           0
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                             88,870
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     3,395,240
<OTHER-SE>                                   3,220,100
<TOTAL-LIABILITIES-AND-EQUITY>               6,704,210
<INTEREST-LOAN>                                      0
<INTEREST-INVEST>                              157,273
<INTEREST-OTHER>                                63,951
<INTEREST-TOTAL>                               221,224
<INTEREST-DEPOSIT>                                   0
<INTEREST-EXPENSE>                               4,572
<INTEREST-INCOME-NET>                          216,652
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                348,485
<INCOME-PRETAX>                               (131,833)
<INCOME-PRE-EXTRAORDINARY>                    (131,833)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (131,833)
<EPS-PRIMARY>                                     (.19)
<EPS-DILUTED>                                     (.19)
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                    0
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>