<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND> This schedule contains summary financial information extracted from the
consolidated condensed statement of financial condition and the consolidated
condensed statement of income and is qualified in its entirety by reference to
such financial statements.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                       1,485,408
<INT-BEARING-DEPOSITS>                       7,952,974
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 50,988,313
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    264,418,399
<ALLOWANCE>                                  2,731,218
<TOTAL-ASSETS>                             343,614,051
<DEPOSITS>                                 256,747,307
<SHORT-TERM>                                12,500,000
<LIABILITIES-OTHER>                          2,861,445
<LONG-TERM>                                 27,772,475
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        40,111
<OTHER-SE>                                  43,692,713
<TOTAL-LIABILITIES-AND-EQUITY>             343,614,051
<INTEREST-LOAN>                             10,266,521
<INTEREST-INVEST>                            1,704,969
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            11,971,490
<INTEREST-DEPOSIT>                           5,351,290
<INTEREST-EXPENSE>                           6,434,744
<INTEREST-INCOME-NET>                        5,536,746
<LOAN-LOSSES>                                   60,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              4,211,612
<INCOME-PRETAX>                              3,240,264
<INCOME-PRE-EXTRAORDINARY>                   3,240,264
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,131,637
<EPS-BASIC>                                       0.76
<EPS-DILUTED>                                     0.75
<YIELD-ACTUAL>                                    7.53
<LOANS-NON>                                    275,739
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             2,676,438
<CHARGE-OFFS>                                   12,481
<RECOVERIES>                                     7,261
<ALLOWANCE-CLOSE>                            2,731,218
<ALLOWANCE-DOMESTIC>                         2,731,218
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0


</TABLE>