<TABLE> <S> <C>

<ARTICLE>                           9
<MULTIPLIER>                        1

<S>                                                                 <C>
<PERIOD-TYPE>                                                            YEAR
<PERIOD-END>                                                        DEC-31-1997
<FISCAL-YEAR-END>                                                   DEC-31-1997
<CASH>                                                                5,733,644
<INT-BEARING-DEPOSITS>                                                3,168,353
<FED-FUNDS-SOLD>                                                              0
<TRADING-ASSETS>                                                              0
<INVESTMENTS-HELD-FOR-SALE>                                          49,083,251
<INVESTMENTS-CARRYING>                                                2,607,835
<INVESTMENTS-MARKET>                                                  2,569,143
<LOANS>                                                             165,942,045
<ALLOWANCE>                                                           2,254,258
<TOTAL-ASSETS>                                                      247,985,278
<DEPOSITS>                                                          180,661,858
<SHORT-TERM>                                                         41,707,494
<LIABILITIES-OTHER>                                                   3,553,346
<LONG-TERM>                                                                   0
<PREFERRED-MANDATORY>                                                         0
<PREFERRED>                                                                   0
<COMMON>                                                              2,036,990
<OTHER-SE>                                                           22,062,580
<TOTAL-LIABILITIES-AND-EQUITY>                                      247,985,278
<INTEREST-LOAN>                                                      14,705,426
<INTEREST-INVEST>                                                     3,033,292
<INTEREST-OTHER>                                                        190,476
<INTEREST-TOTAL>                                                     17,929,194
<INTEREST-DEPOSIT>                                                    8,011,567
<INTEREST-EXPENSE>                                                    9,386,830
<INTEREST-INCOME-NET>                                                 8,542,364
<LOAN-LOSSES>                                                           574,000
<SECURITIES-GAINS>                                                      144,925
<EXPENSE-OTHER>                                                       8,595,422
<INCOME-PRETAX>                                                        3,030,881
<INCOME-PRE-EXTRAORDINARY>                                             2,033,114
<EXTRAORDINARY>                                                               0
<CHANGES>                                                                     0
<NET-INCOME>                                                           2,033,114
<EPS-PRIMARY>                                                              1.00
<EPS-DILUTED>                                                               .99
<YIELD-ACTUAL>                                                             3.89
<LOANS-NON>                                                           4,578,000
<LOANS-PAST>                                                                  0
<LOANS-TROUBLED>                                                              0
<LOANS-PROBLEM>                                                       3,927,809
<ALLOWANCE-OPEN>                                                      4,339,000
<CHARGE-OFFS>                                                         2,713,000
<RECOVERIES>                                                             54,000
<ALLOWANCE-CLOSE>                                                     2,254,000
<ALLOWANCE-DOMESTIC>                                                    295,000
<ALLOWANCE-FOREIGN>                                                           0
<ALLOWANCE-UNALLOCATED>                                               1,959,000


</TABLE>