<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF THE COMPANY FOR THE PERIODS FROM 3/15/96 (INCEPTION)
TO 8/31/96 AND FROM 3/15/96 TO 12/31/96 FILED ON FORM SB-2 AND FORM 10-KSB,
RESPECTFULLY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   OTHER                   OTHER
<FISCAL-YEAR-END>               DEC-31-1996             DEC-31-1996
<PERIOD-END>                    AUG-31-1996             DEC-31-1996
<CASH>                                 8779<F1>                1497<F1>
<INT-BEARING-DEPOSITS>                    0                 464,600
<FED-FUNDS-SOLD>                          0                       0
<TRADING-ASSETS>                          0                       0
<INVESTMENTS-HELD-FOR-SALE>               0                       0
<INVESTMENTS-CARRYING>                    0                       0
<INVESTMENTS-MARKET>                      0                       0
<LOANS>                                   0                       0
<ALLOWANCE>                               0                       0
<TOTAL-ASSETS>                       81,360                 748,424
<DEPOSITS>                                0                       0
<SHORT-TERM>                              0                       0
<LIABILITIES-OTHER>                 106,233                 843,202
<LONG-TERM>                               0                       0
<PREFERRED-MANDATORY>                     0                       0
<PREFERRED>                               0                       0
<COMMON>                                  5                       5
<OTHER-SE>                                5                       5
<TOTAL-LIABILITIES-AND-EQUITY>       81,360                 748,424
<INTEREST-LOAN>                           0                       0
<INTEREST-INVEST>                         0                       0
<INTEREST-OTHER>                          0                     461
<INTEREST-TOTAL>                          0                     461
<INTEREST-DEPOSIT>                        0                       0
<INTEREST-EXPENSE>                      233                    4522
<INTEREST-INCOME-NET>                  (233)                  (4061)
<LOAN-LOSSES>                             0                       0
<SECURITIES-GAINS>                        0                       0
<EXPENSE-OTHER>                      24,650                  90,727
<INCOME-PRETAX>                     (24,883)                (94,788)
<INCOME-PRE-EXTRAORDINARY>          (24,883)                (94,788)
<EXTRAORDINARY>                           0                       0
<CHANGES>                                 0                       0
<NET-INCOME>                        (24,883)                (94,788)
<EPS-PRIMARY>                             0                       0
<EPS-DILUTED>                             0                       0
<YIELD-ACTUAL>                            0                       0
<LOANS-NON>                               0                       0
<LOANS-PAST>                              0                       0
<LOANS-TROUBLED>                          0                       0
<LOANS-PROBLEM>                           0                       0
<ALLOWANCE-OPEN>                          0                       0
<CHARGE-OFFS>                             0                       0
<RECOVERIES>                              0                       0
<ALLOWANCE-CLOSE>                         0                       0
<ALLOWANCE-DOMESTIC>                      0                       0
<ALLOWANCE-FOREIGN>                       0                       0
<ALLOWANCE-UNALLOCATED>                   0                       0
<FN>
<F1>As of August 31, 1996 and as of December 31, 1996, neither the Company nor
First Georgia Community Bank had commenced their respective operations as a
bank holding company or as a commercial bank, and neither will do so unless
final regulatory approvals are obtained and the Bank is capitalized by the
Company with the proceeds from the Company's stock offering.
</FN>
        

</TABLE>