<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF THE COMPANY FOR THE FISCAL YEAR ENDED 12/31/97 FILED ON
FORM 10-KSB, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>

<S>                                        <C>
<PERIOD-TYPE>                              12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                     1,568,017<F1>
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                             4,320,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  2,029,491
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                      6,117,022
<ALLOWANCE>                                     72,000
<TOTAL-ASSETS>                              16,333,710
<DEPOSITS>                                   9,165,090
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                             25,562
<LONG-TERM>                                     29,397
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     3,792,290
<OTHER-SE>                                   3,321,371
<TOTAL-LIABILITIES-AND-EQUITY>              16,333,710
<INTEREST-LOAN>                                104,884
<INTEREST-INVEST>                                8,727
<INTEREST-OTHER>                               255,057
<INTEREST-TOTAL>                               368,668
<INTEREST-DEPOSIT>                              46,030
<INTEREST-EXPENSE>                              53,023
<INTEREST-INCOME-NET>                          315,645
<LOAN-LOSSES>                                   72,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                627,954
<INCOME-PRETAX>                              (338,198)
<INCOME-PRE-EXTRAORDINARY>                   (338,198)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (338,198)
<EPS-PRIMARY>                                    (.92)
<EPS-DILUTED>                                    (.92)
<YIELD-ACTUAL>                                    5.66
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                               72,000
<ALLOWANCE-DOMESTIC>                            72,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1>On September 8, 1997, the Company's sole subsidiary, First Georgia Community
Bank, commenced operations as a commercial bank.
</FN>


</TABLE>