<TABLE> <S> <C>

<PAGE>
<ARTICLE> 9
<RESTATED> 
       
<S>                             <C>
<PERIOD-TYPE>                                 12-MOS                 12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996
<PERIOD-START>                             JAN-01-1997             JAN-01-1996 
<PERIOD-END>                               DEC-31-1997             DEC-31-1996
<CASH>                                      12,218,541               9,910,172 
<INT-BEARING-DEPOSITS>                               0                  11,650
<FED-FUNDS-SOLD>                             9,075,000              15,660,000
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                 35,500,913              39,994,179
<INVESTMENTS-CARRYING>                       5,732,350               6,773,211
<INVESTMENTS-MARKET>                         5,856,682               6,872,706
<LOANS>                                    145,484,463             123,828,819
<ALLOWANCE>                                  1,860,987               1,759,576
<TOTAL-ASSETS>                             216,393,472             204,061,830
<DEPOSITS>                                 188,806,800             176,899,070
<SHORT-TERM>                                 1,205,758               2,177,419
<LIABILITIES-OTHER>                          2,188,096               2,820,444
<LONG-TERM>                                  1,442,430               2,101,300
<PREFERRED-MANDATORY>                        2,970,274               2,500,595
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                  19,780,114              17,563,002
<TOTAL-LIABILITIES-AND-EQUITY>             216,393,472             204,061,830
<INTEREST-LOAN>                             14,276,770              12,131,136
<INTEREST-INVEST>                            2,129,090               2,245,991 
<INTEREST-OTHER>                               636,041                 409,976
<INTEREST-TOTAL>                            17,041,901              14,787,103
<INTEREST-DEPOSIT>                           7,148,585               6,309,774
<INTEREST-EXPENSE>                           7,344,703               6,613,136
<INTEREST-INCOME-NET>                        9,697,198               8,173,967
<LOAN-LOSSES>                                  505,000                 320,000
<SECURITIES-GAINS>                               3,612                  24,077
<EXPENSE-OTHER>                              7,178,267               5,787,593
<INCOME-PRETAX>                              3,830,236               3,484,310
<INCOME-PRE-EXTRAORDINARY>                   2,607,379               2,393,237
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 2,607,379               2,393,237
<EPS-PRIMARY>                                     0.88                    0.94
<EPS-DILUTED>                                     0.80                    0.83
<YIELD-ACTUAL>                                    4.95                    4.39
<LOANS-NON>                                    870,000                 702,000
<LOANS-PAST>                                   123,000                 545,000
<LOANS-TROUBLED>                                     0                       0
<LOANS-PROBLEM>                                      0                       0   
<ALLOWANCE-OPEN>                             1,759,576               1,451,285
<CHARGE-OFFS>                                  688,362                 217,921
<RECOVERIES>                                   284,773                 206,212
<ALLOWANCE-CLOSE>                            1,860,987               1,759,576
<ALLOWANCE-DOMESTIC>                         1,860,987               1,759,576
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                              0                       0
        

</TABLE>