<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<MULTIPLIER> 1,000

<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999             DEC-31-1999
<PERIOD-START>                             JUL-01-1999             JAN-01-1999
<PERIOD-END>                               SEP-30-1999             SEP-30-1999
<CASH>                                               0              24,379,114
<INT-BEARING-DEPOSITS>                               0                 503,881
<FED-FUNDS-SOLD>                                     0              26,000,000
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                          0              47,311,283
<INVESTMENTS-CARRYING>                               0              19,430,825
<INVESTMENTS-MARKET>                                 0              66,701,407
<LOANS>                                              0             148,954,343
<ALLOWANCE>                                          0               6,213,041
<TOTAL-ASSETS>                                       0             270,037,738
<DEPOSITS>                                           0             244,474,642
<SHORT-TERM>                                         0                       0
<LIABILITIES-OTHER>                                  0               2,353,390
<LONG-TERM>                                          0                 748,000
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                  16,758
<OTHER-SE>                                           0              22,444,948
<TOTAL-LIABILITIES-AND-EQUITY>                       0             270,037,738
<INTEREST-LOAN>                              3,433,006               9,511,179
<INTEREST-INVEST>                            1,031,858               3,411,061
<INTEREST-OTHER>                               335,823                 618,184
<INTEREST-TOTAL>                             4,800,688              13,540,424
<INTEREST-DEPOSIT>                             858,649               2,319,750
<INTEREST-EXPENSE>                             863,635               2,463,262
<INTEREST-INCOME-NET>                        3,937,053              11,077,163
<LOAN-LOSSES>                                4,426,000               5,598,000
<SECURITIES-GAINS>                                   0                  39,610
<EXPENSE-OTHER>                              3,581,567              10,480,118
<INCOME-PRETAX>                            (3,612,537)             (3,579,281)
<INCOME-PRE-EXTRAORDINARY>                 (3,612,537)             (3,579,281)
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                               (2,363,322)             (2,287,111)
<EPS-BASIC>                                     (1.17)                  (1.14)
<EPS-DILUTED>                                   (1.17)                  (1.17)
<YIELD-ACTUAL>                                    6.52                    6.40
<LOANS-NON>                                          0                   4,325
<LOANS-PAST>                                         0                   2,990
<LOANS-TROUBLED>                                     0                     999
<LOANS-PROBLEM>                                      0                       0
<ALLOWANCE-OPEN>                                     0                   2,200
<CHARGE-OFFS>                                        0                   1,690
<RECOVERIES>                                         0                     105
<ALLOWANCE-CLOSE>                                    0                   6,213
<ALLOWANCE-DOMESTIC>                                 0                   5,598
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                              0                       0


</TABLE>