<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       3,656,878      
<INT-BEARING-DEPOSITS>                       7,493,223    
<FED-FUNDS-SOLD>                             4,400,000    
<TRADING-ASSETS>                             1,217,425    
<INVESTMENTS-HELD-FOR-SALE>                          0    
<INVESTMENTS-CARRYING>                      53,932,193    
<INVESTMENTS-MARKET>                        53,983,896    
<LOANS>                                    237,467,253
<ALLOWANCE>                                    882,800
<TOTAL-ASSETS>                             309,069,787    
<DEPOSITS>                                 254,752,906    
<SHORT-TERM>                                         0    
<LIABILITIES-OTHER>                          6,284,650    
<LONG-TERM>                                          0    
<PREFERRED-MANDATORY>                                0    
<PREFERRED>                                          0    
<COMMON>                                        35,195    
<OTHER-SE>                                  47,997,036    
<TOTAL-LIABILITIES-AND-EQUITY>             309,069,787    
<INTEREST-LOAN>                             14,522,278    
<INTEREST-INVEST>                            2,996,546    
<INTEREST-OTHER>                               106,752    
<INTEREST-TOTAL>                            17,625,576    
<INTEREST-DEPOSIT>                           9,374,294    
<INTEREST-EXPENSE>                                   0    
<INTEREST-INCOME-NET>                        8,251,282    
<LOAN-LOSSES>                                        0    
<SECURITIES-GAINS>                             309,301    
<EXPENSE-OTHER>                              3,680,655    
<INCOME-PRETAX>                              5,519,281    
<INCOME-PRE-EXTRAORDINARY>                   5,519,281    
<EXTRAORDINARY>                                      0    
<CHANGES>                                            0    
<NET-INCOME>                                 3,503,281    
<EPS-PRIMARY>                                     1.30    
<EPS-DILUTED>                                     1.29    
<YIELD-ACTUAL>                                    3.63    
<LOANS-NON>                                    635,000    
<LOANS-PAST>                                         0    
<LOANS-TROUBLED>                                     0    
<LOANS-PROBLEM>                                      0    
<ALLOWANCE-OPEN>                               882,800    
<CHARGE-OFFS>                                        0    
<RECOVERIES>                                         0    
<ALLOWANCE-CLOSE>                              882,800    
<ALLOWANCE-DOMESTIC>                           175,000    
<ALLOWANCE-FOREIGN>                                  0    
<ALLOWANCE-UNALLOCATED>                        707,800
                                                     

 


</TABLE>