<ARTICLE> 5 <CIK> 0000883369 <NAME> FIRST MORTGAGE CORPORATION <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 14,839 <SECURITIES> 0 <RECEIVABLES> 7,378 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 3,051 <DEPRECIATION> 2,290 <TOTAL-ASSETS> 81,861 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,924 <OTHER-SE> 26,806 <TOTAL-LIABILITY-AND-EQUITY> 81,861 <SALES> 0 <TOTAL-REVENUES> 33,674 <CGS> 0 <TOTAL-COSTS> 25,525 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 8,149 <INCOME-TAX> 3,375 <INCOME-CONTINUING> 4,774 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,774 <EPS-BASIC> 0.87 <EPS-DILUTED> 0.87