<TABLE> <S> <C>

<ARTICLE> 9
<MULTIPLIER> 1
       
<S>                                                <C>
<PERIOD-TYPE>                                      3-MOS
<FISCAL-YEAR-END>                                          DEC-31-1998
<PERIOD-START>                                             JAN-01-1998
<PERIOD-END>                                               MAR-31-1998
<CASH>                                                      13,264,814
<INT-BEARING-DEPOSITS>                                         647,524
<FED-FUNDS-SOLD>                                            25,840,000
<TRADING-ASSETS>                                                     0
<INVESTMENTS-HELD-FOR-SALE>                                 56,272,450
<INVESTMENTS-CARRYING>                                               0
<INVESTMENTS-MARKET>                                                 0
<LOANS>                                                    232,384,221
<ALLOWANCE>                                                  2,977,059
<TOTAL-ASSETS>                                             343,921,321
<DEPOSITS>                                                 267,721,966
<SHORT-TERM>                                                 3,895,123
<LIABILITIES-OTHER>                                          2,734,697
<LONG-TERM>                                                 37,776,916
<COMMON>                                                     1,217,065
<PREFERRED-MANDATORY>                                                0
<PREFERRED>                                                          0
<OTHER-SE>                                                  30,575,554
<TOTAL-LIABILITIES-AND-EQUITY>                             343,921,321
<INTEREST-LOAN>                                              5,566,922
<INTEREST-INVEST>                                              826,635
<INTEREST-OTHER>                                               379,536
<INTEREST-TOTAL>                                             6,773,093
<INTEREST-DEPOSIT>                                           2,764,966
<INTEREST-EXPENSE>                                           3,249,985
<INTEREST-INCOME-NET>                                        3,523,108
<LOAN-LOSSES>                                                  241,433
<SECURITIES-GAINS>                                              24,457
<EXPENSE-OTHER>                                              2,384,027
<INCOME-PRETAX>                                              1,954,714
<INCOME-PRE-EXTRAORDINARY>                                   1,330,405
<EXTRAORDINARY>                                                      0
<CHANGES>                                                            0
<NET-INCOME>                                                 1,330,405
<EPS-PRIMARY>                                                      .24
<EPS-DILUTED>                                                      .23
<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>