<TABLE> <S> <C>

<ARTICLE> 9
<RESTATED><F1>
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<EXCHANGE-RATE>                                      1
<CASH>                                       5,317,785
<INT-BEARING-DEPOSITS>                          25,088
<FED-FUNDS-SOLD>                             1,860,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 13,145,260
<INVESTMENTS-CARRYING>                       1,659,519
<INVESTMENTS-MARKET>                         1,665,963
<LOANS>                                     81,915,981
<ALLOWANCE>                                  1,214,173
<TOTAL-ASSETS>                             108,553,689
<DEPOSITS>                                  98,144,366
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          1,244,607
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   8,521,654
<TOTAL-LIABILITIES-AND-EQUITY>             108,553,689
<INTEREST-LOAN>                              8,202,657
<INTEREST-INVEST>                            1,165,968
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             9,368,625
<INTEREST-DEPOSIT>                           3,674,314
<INTEREST-EXPENSE>                           3,686,430
<INTEREST-INCOME-NET>                        5,682,195
<LOAN-LOSSES>                                  856,312
<SECURITIES-GAINS>                                 142
<EXPENSE-OTHER>                              3,516,871
<INCOME-PRETAX>                              1,953,984
<INCOME-PRE-EXTRAORDINARY>                   1,953,984
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,254,411
<EPS-PRIMARY>                                     0.92
<EPS-DILUTED>                                     0.87
<YIELD-ACTUAL>                                   10.05
<LOANS-NON>                                     14,854
<LOANS-PAST>                                   564,530
<LOANS-TROUBLED>                               303,913
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               918,036
<CHARGE-OFFS>                                  583,332
<RECOVERIES>                                    23,157
<ALLOWANCE-CLOSE>                            1,214,173
<ALLOWANCE-DOMESTIC>                         1,214,173
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
<FN>
<F1> A SUBSEQUENT 5% STOCK DIVIDEND WAS ISSUED IN NOVEMBER 1997 AND A 100% STOCK
DIVIDEND IN THE FIRST QUARTER OF 1998. COMMON STOCK HAS NOT BEEN RESTATED, 
HOWEVER EARNINGS PER SHARE HAS BEEN RESTATED.
</FN>
        

</TABLE>