<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
Consolidated  Statement of Financial Condition at September 30, 1996 (Unaudited)
and the Consolidated Statement of Income for the Nine Months Ended September 30,
1996 (Unaudited) and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                      $9,147,390
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 21,152,807
<INVESTMENTS-CARRYING>                       6,460,432
<INVESTMENTS-MARKET>                         6,413,093
<LOANS>                                    108,051,048
<ALLOWANCE>                                 (1,800,167)
<TOTAL-ASSETS>                             146,177,121
<DEPOSITS>                                 127,833,487
<SHORT-TERM>                                 2,428,161
<LIABILITIES-OTHER>                            890,823
<LONG-TERM>                                    900,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    11,835,461
<OTHER-SE>                                   1,081,303
<TOTAL-LIABILITIES-AND-EQUITY>             146,177,121
<INTEREST-LOAN>                              6,897,456
<INTEREST-INVEST>                            1,228,740
<INTEREST-OTHER>                                98,023
<INTEREST-TOTAL>                             8,224,219
<INTEREST-DEPOSIT>                           3,458,379
<INTEREST-EXPENSE>                           3,572,625
<INTEREST-INCOME-NET>                        4,651,594
<LOAN-LOSSES>                                   50,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              3,924,328
<INCOME-PRETAX>                              1,881,580
<INCOME-PRE-EXTRAORDINARY>                   1,881,580
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,254,371
<EPS-PRIMARY>                                      .90
<EPS-DILUTED>                                      .90
<YIELD-ACTUAL>                                    4.80
<LOANS-NON>                                    146,765
<LOANS-PAST>                                    56,781
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,784,508
<CHARGE-OFFS>                                   65,053
<RECOVERIES>                                    30,712
<ALLOWANCE-CLOSE>                            1,800,167
<ALLOWANCE-DOMESTIC>                         1,639,787
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        160,380
        

</TABLE>