<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
The schedule contains summary financial information extracted from the Form 10-Q
for the 3 month period ended March 31, 1998 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<EXCHANGE-RATE>                                      1
<CASH>                                       3,649,228
<INT-BEARING-DEPOSITS>                       4,163,252
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                             1,907,889
<INVESTMENTS-HELD-FOR-SALE>                 51,594,379
<INVESTMENTS-CARRYING>                      78,831,726
<INVESTMENTS-MARKET>                        78,879,787
<LOANS>                                    294,010,448
<ALLOWANCE>                                    745,039
<TOTAL-ASSETS>                             446,474,651
<DEPOSITS>                                 320,968,223
<SHORT-TERM>                                26,662,000
<LIABILITIES-OTHER>                          6,114,472
<LONG-TERM>                                 62,700,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        13,739
<OTHER-SE>                                  30,016,217
<TOTAL-LIABILITIES-AND-EQUITY>             446,474,651
<INTEREST-LOAN>                              5,473,200
<INTEREST-INVEST>                            2,134,081
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             7,607,281
<INTEREST-DEPOSIT>                           3,580,689
<INTEREST-EXPENSE>                           4,831,896
<INTEREST-INCOME-NET>                        2,775,385
<LOAN-LOSSES>                                   60,000
<SECURITIES-GAINS>                             266,484
<EXPENSE-OTHER>                              2,715,072
<INCOME-PRETAX>                                914,564
<INCOME-PRE-EXTRAORDINARY>                     585,564
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   585,564
<EPS-PRIMARY>                                     0.46
<EPS-DILUTED>                                     0.42
<YIELD-ACTUAL>                                    2.58
<LOANS-NON>                                  3,779,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               731,692
<CHARGE-OFFS>                                   46,653
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              745,039
<ALLOWANCE-DOMESTIC>                            20,255
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        724,784
        

</TABLE>