<TABLE> <S> <C>

<ARTICLE>                     9
<MULTIPLIER>                  1
       
<S>                                          <C>  
<PERIOD-TYPE>                                                             12-MOS
<FISCAL-YEAR-END>                                                    DEC-31-1998
<PERIOD-START>                                                       JAN-01-1998
<PERIOD-END>                                                         DEC-31-1998
<CASH>                                                                25,246,090
<INT-BEARING-DEPOSITS>                                                 1,695,167
<FED-FUNDS-SOLD>                                                      23,330,000
<TRADING-ASSETS>                                                               0
<INVESTMENTS-HELD-FOR-SALE>                                           72,291,309
<INVESTMENTS-CARRYING>                                                 4,234,998
<INVESTMENTS-MARKET>                                                   6,382,443
<LOANS>                                                              388,868,968
<ALLOWANCE>                                                            5,568,107
<TOTAL-ASSETS>                                                       550,781,585
<DEPOSITS>                                                           446,798,325
<SHORT-TERM>                                                          48,398,478
<LIABILITIES-OTHER>                                                    7,720,125
<LONG-TERM>                                                                    0
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                               6,560,004
<OTHER-SE>                                                            41,304,653
<TOTAL-LIABILITIES-AND-EQUITY>                                       550,781,585
<INTEREST-LOAN>                                                       38,409,086
<INTEREST-INVEST>                                                      5,105,986
<INTEREST-OTHER>                                                       1,216,974
<INTEREST-TOTAL>                                                      44,732,046
<INTEREST-DEPOSIT>                                                    18,729,042
<INTEREST-EXPENSE>                                                    21,909,467
<INTEREST-INCOME-NET>                                                 22,822,579
<LOAN-LOSSES>                                                          3,382,000
<SECURITIES-GAINS>                                                       290,931
<EXPENSE-OTHER>                                                       24,616,812
<INCOME-PRETAX>                                                        2,262,378
<INCOME-PRE-EXTRAORDINARY>                                             1,959,628
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                           1,959,628
<EPS-PRIMARY>                                                               0.30
<EPS-DILUTED>                                                               0.30
<YIELD-ACTUAL>                                                              4.64
<LOANS-NON>                                                            7,489,000
<LOANS-PAST>                                                             583,000
<LOANS-TROUBLED>                                                               0
<LOANS-PROBLEM>                                                        3,700,000
<ALLOWANCE-OPEN>                                                       4,948,039
<CHARGE-OFFS>                                                          3,090,614
<RECOVERIES>                                                             328,682
<ALLOWANCE-CLOSE>                                                      5,568,107
<ALLOWANCE-DOMESTIC>                                                   5,568,107
<ALLOWANCE-FOREIGN>                                                            0
<ALLOWANCE-UNALLOCATED>                                                5,568,107
        


</TABLE>