<TABLE> <S> <C>

<ARTICLE>                     9
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
Consolidated  Balance Sheet at March 31, 1998  (unaudited) and the  Consolidated
Statement of Operation for the Three Months Ended March 31, 1998 (unaudited) and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                         1
       
<S>                                  <C>  
<PERIOD-TYPE>                        3-MOS
<FISCAL-YEAR-END>                                              DEC-31-1998
<PERIOD-END>                                                   MAR-31-1998
<CASH>                                                          11,294,924
<INT-BEARING-DEPOSITS>                                                   0
<FED-FUNDS-SOLD>                                                17,685,000
<TRADING-ASSETS>                                                         0
<INVESTMENTS-HELD-FOR-SALE>                                     24,869,820
<INVESTMENTS-CARRYING>                                          13,302,858
<INVESTMENTS-MARKET>                                            13,372,158
<LOANS>                                                        148,526,677
<ALLOWANCE>                                                      1,838,844
<TOTAL-ASSETS>                                                 217,375,427
<DEPOSITS>                                                     192,633,136
<SHORT-TERM>                                                     4,398,128
<LIABILITIES-OTHER>                                              1,423,971
<LONG-TERM>                                                      2,108,333
<PREFERRED-MANDATORY>                                                    0
<PREFERRED>                                                              0
<COMMON>                                                        13,824,539
<OTHER-SE>                                                       2,987,320
<TOTAL-LIABILITIES-AND-EQUITY>                                 217,375,427
<INTEREST-LOAN>                                                  3,323,350
<INTEREST-INVEST>                                                  625,315
<INTEREST-OTHER>                                                    99,523
<INTEREST-TOTAL>                                                 4,048,188
<INTEREST-DEPOSIT>                                               1,827,176
<INTEREST-EXPENSE>                                               1,913,554
<INTEREST-INCOME-NET>                                            2,134,634
<LOAN-LOSSES>                                                      210,000
<SECURITIES-GAINS>                                                       0
<EXPENSE-OTHER>                                                  1,556,490
<INCOME-PRETAX>                                                    993,501
<INCOME-PRE-EXTRAORDINARY>                                         675,372
<EXTRAORDINARY>                                                          0
<CHANGES>                                                                0
<NET-INCOME>                                                       675,372
<EPS-PRIMARY>                                                          .29
<EPS-DILUTED>                                                          .27
<YIELD-ACTUAL>                                                        4.30
<LOANS-NON>                                                        182,721
<LOANS-PAST>                                                        72,507
<LOANS-TROUBLED>                                                         0
<LOANS-PROBLEM>                                                          0
<ALLOWANCE-OPEN>                                                 1,805,860
<CHARGE-OFFS>                                                      177,287
<RECOVERIES>                                                           271
<ALLOWANCE-CLOSE>                                                1,838,844
<ALLOWANCE-DOMESTIC>                                             1,680,956
<ALLOWANCE-FOREIGN>                                                      0
<ALLOWANCE-UNALLOCATED>                                            157,888
        

</TABLE>