<TABLE> <S> <C>

<ARTICLE> 9
<RESTATED><F1>
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<EXCHANGE-RATE>                                      1
<CASH>                                       4,016,523
<INT-BEARING-DEPOSITS>                          34,416
<FED-FUNDS-SOLD>                             6,970,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 17,741,329
<INVESTMENTS-CARRYING>                       1,659,946
<INVESTMENTS-MARKET>                         1,670,671
<LOANS>                                     85,345,764
<ALLOWANCE>                                  1,114,690
<TOTAL-ASSETS>                             120,218,294
<DEPOSITS>                                 109,139,940
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            316,400
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   9,198,902
<TOTAL-LIABILITIES-AND-EQUITY>             120,218,234
<INTEREST-LOAN>                              4,361,192
<INTEREST-INVEST>                              519,993
<INTEREST-OTHER>                               150,890
<INTEREST-TOTAL>                             5,032,075
<INTEREST-DEPOSIT>                           2,033,400
<INTEREST-EXPENSE>                           2,041,224
<INTEREST-INCOME-NET>                        2,990,851
<LOAN-LOSSES>                                  240,000
<SECURITIES-GAINS>                               2,868
<EXPENSE-OTHER>                              1,879,923
<INCOME-PRETAX>                              1,236,392
<INCOME-PRE-EXTRAORDINARY>                     754,892
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   754,892
<EPS-PRIMARY>                                     1.08
<EPS-DILUTED>                                     0.56
<YIELD-ACTUAL>                                    0.51
<LOANS-NON>                                    494,302
<LOANS-PAST>                                    66,505
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,214,173
<CHARGE-OFFS>                                  388,990
<RECOVERIES>                                    49,507
<ALLOWANCE-CLOSE>                            1,114,690
<ALLOWANCE-DOMESTIC>                         1,114,690
<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>