<ARTICLE> 5 <CIK> 0000883369 <NAME> FIRST MORTGAGE CORPORATION <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 4,179 <SECURITIES> 0 <RECEIVABLES> 10,928 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 2,363 <DEPRECIATION> 1,743 <TOTAL-ASSETS> 39,985 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,261 <OTHER-SE> 19,900 <TOTAL-LIABILITY-AND-EQUITY> 39,985 <SALES> 0 <TOTAL-REVENUES> 8,900 <CGS> 0 <TOTAL-COSTS> 8,010 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 890 <INCOME-TAX> 376 <INCOME-CONTINUING> 514 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 514 <EPS-PRIMARY> 0.09 <EPS-DILUTED> 0.09