<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
QUARTERLY REPORT ON FORM 10QSB FOR THE FISCAL QUARTER ENDED SEPTEMBER 30,
1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                       9,198,255
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 25,904,012
<INVESTMENTS-CARRYING>                      14,457,602
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    150,271,885
<ALLOWANCE>                                          0
<TOTAL-ASSETS>                             210,887,254
<DEPOSITS>                                 170,226,276
<SHORT-TERM>                                19,846,000
<LIABILITIES-OTHER>                          4,560,412
<LONG-TERM>                                  5,650,000
<COMMON>                                     4,132,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  15,518,565
<TOTAL-LIABILITIES-AND-EQUITY>             210,887,254
<INTEREST-LOAN>                              6,781,064
<INTEREST-INVEST>                            1,220,011
<INTEREST-OTHER>                                36,972
<INTEREST-TOTAL>                             8,038,047
<INTEREST-DEPOSIT>                           3,422,194
<INTEREST-EXPENSE>                             665,856
<INTEREST-INCOME-NET>                        3,949,997
<LOAN-LOSSES>                                  150,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              4,331,991
<INCOME-PRETAX>                                121,736
<INCOME-PRE-EXTRAORDINARY>                           0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   101,365
<EPS-PRIMARY>                                      .25
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                  2,500,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,758,688
<CHARGE-OFFS>                                  170,075
<RECOVERIES>                                     9,911
<ALLOWANCE-CLOSE>                            1,748,524
<ALLOWANCE-DOMESTIC>                         1,748,524
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0