<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FOMR 10QSB FOR THE FISCAL QUARTER ENDED JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 7,478,765 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 30,362,909 <INVESTMENTS-CARRYING> 14,642,392 <INVESTMENTS-MARKET> 0 <LOANS> 151,436,668 <ALLOWANCE> 0 <TOTAL-ASSETS> 215,214,688 <DEPOSITS> 170,901,385 <SHORT-TERM> 23,521,000 <LIABILITIES-OTHER> 4,406,343 <LONG-TERM> 5,650,000 <COMMON> 4,132,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 15,663,623 <TOTAL-LIABILITIES-AND-EQUITY> 215,214,688 <INTEREST-LOAN> 3,375,487 <INTEREST-INVEST> 608,825 <INTEREST-OTHER> 20,332 <INTEREST-TOTAL> 4,004,644 <INTEREST-DEPOSIT> 1,723,233 <INTEREST-EXPENSE> 348,127 <INTEREST-INCOME-NET> 1,933,284 <LOAN-LOSSES> 75,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,802,532 <INCOME-PRETAX> 417,151 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 278,500 <EPS-PRIMARY> .67 <EPS-DILUTED> 0 <YIELD-ACTUAL> 0 <LOANS-NON> 1,173 <LOANS-PAST> 498 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,758,688 <CHARGE-OFFS> 63,190 <RECOVERIES> 3,135 <ALLOWANCE-CLOSE> 1,773,633 <ALLOWANCE-DOMESTIC> 1,773,633 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0