<TABLE> <S> <C>

<PAGE>
<ARTICLE> 9
<RESTATED> 
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996
<PERIOD-START>                             JAN-01-1997             JAN-01-1996
<PERIOD-END>                               MAR-31-1997             MAR-31-1996
<CASH>                                      11,838,611              11,210,046
<INT-BEARING-DEPOSITS>                       1,156,551               6,651,452
<FED-FUNDS-SOLD>                            16,240,000              12,620,000
<TRADING-ASSETS>                                     0                       0
<INVESTMENTS-HELD-FOR-SALE>                 46,543,403              35,672,499
<INVESTMENTS-CARRYING>                               0                       0
<INVESTMENTS-MARKET>                                 0                       0
<LOANS>                                    222,802,377             183,613,174
<ALLOWANCE>                                  7,665,915               1,967,035
<TOTAL-ASSETS>                             311,786,481             260,796,922
<DEPOSITS>                                 255,044,446             193,079,996
<SHORT-TERM>                                25,349,443              37,843,091
<LIABILITIES-OTHER>                          3,159,034               4,012,616
<LONG-TERM>                                  4,000,000               3,000,000
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                     4,249,401               4,245,339
<OTHER-SE>                                  19,984,157              18,615,880
<TOTAL-LIABILITIES-AND-EQUITY>             311,786,481             260,796,922
<INTEREST-LOAN>                              5,422,941               4,841,527
<INTEREST-INVEST>                              592,267                 688,710
<INTEREST-OTHER>                               409,024                 163,029
<INTEREST-TOTAL>                             6,424,232               5,693,266
<INTEREST-DEPOSIT>                           2,742,078               1,928,524
<INTEREST-EXPENSE>                           3,224,308               2,705,583
<INTEREST-INCOME-NET>                        3,199,924               2,987,683
<LOAN-LOSSES>                                  177,061                 129,126
<SECURITIES-GAINS>                            (24,812)                 143,328
<EXPENSE-OTHER>                              5,156,907               4,324,575
<INCOME-PRETAX>                              1,265,444               1,091,088
<INCOME-PRE-EXTRAORDINARY>                   1,151,265                 763,378
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 1,151,265                 763,378
<EPS-PRIMARY>                                      .27                     .18
<EPS-DILUTED>                                      .27                     .18
<YIELD-ACTUAL>                                    4.57                    5.27
<LOANS-NON>                                    708,000                 434,000
<LOANS-PAST>                                         0                   1,000
<LOANS-TROUBLED>                                     0                       0
<LOANS-PROBLEM>                                337,000                 142,000
<ALLOWANCE-OPEN>                             2,404,189               1,801,917
<CHARGE-OFFS>                                   12,925                   4,008
<RECOVERIES>                                    97,590                  40,000
<ALLOWANCE-CLOSE>                            2,665,915               1,967,035
<ALLOWANCE-DOMESTIC>                         2,665,915               1,967,035
<ALLOWANCE-FOREIGN>                                  0                       0
<ALLOWANCE-UNALLOCATED>                              0                       0
        

</TABLE>