<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S INTERIM FINANCIAL STATEMENTS FOR FISCAL PERIOD ENDED 3-31-98 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                       8,376,152
<INT-BEARING-DEPOSITS>                         100,443
<FED-FUNDS-SOLD>                             2,330,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 57,182,726
<INVESTMENTS-CARRYING>                      22,614,875
<INVESTMENTS-MARKET>                        23,000,395
<LOANS>                                     88,165,151
<ALLOWANCE>                                  1,354,601
<TOTAL-ASSETS>                             181,909,564
<DEPOSITS>                                 151,540,994
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,502,400
<LONG-TERM>                                  3,679,935
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,482
<OTHER-SE>                                  15,039,812
<TOTAL-LIABILITIES-AND-EQUITY>             181,909,564
<INTEREST-LOAN>                              2,239,439
<INTEREST-INVEST>                            1,019,453
<INTEREST-OTHER>                                82,100
<INTEREST-TOTAL>                             3,340,992
<INTEREST-DEPOSIT>                           1,402,045
<INTEREST-EXPENSE>                             175,543
<INTEREST-INCOME-NET>                        1,763,404
<LOAN-LOSSES>                                   60,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              1,450,268
<INCOME-PRETAX>                                590,903
<INCOME-PRE-EXTRAORDINARY>                     165,945
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   424,958
<EPS-PRIMARY>                                      .82
<EPS-DILUTED>                                      .82
<YIELD-ACTUAL>                                    8.40
<LOANS-NON>                                    297,709
<LOANS-PAST>                                    12,000
<LOANS-TROUBLED>                                39,000
<LOANS-PROBLEM>                                      0<F1>
<ALLOWANCE-OPEN>                             1,443,135
<CHARGE-OFFS>                                  157,276
<RECOVERIES>                                     8,742
<ALLOWANCE-CLOSE>                               60,000
<ALLOWANCE-DOMESTIC>                         1,354,601
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1>INFORMATION NOT CONTAINED IN FINANCIAL STATEMENTS.
</FN>
        

</TABLE>