<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,728,068 <INT-BEARING-DEPOSITS> 1,172,320 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 2,267,306 <INVESTMENTS-MARKET> 2,272,936 <LOANS> 44,067,735 <ALLOWANCE> 223,114 <TOTAL-ASSETS> 52,693,228 <DEPOSITS> 47,095,232 <SHORT-TERM> 0 <LIABILITIES-OTHER> 560,573 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,095,656 <OTHER-SE> 2,941,767 <TOTAL-LIABILITIES-AND-EQUITY> 52,693,228 <INTEREST-LOAN> 913,356 <INTEREST-INVEST> 83,842 <INTEREST-OTHER> 7,322 <INTEREST-TOTAL> 1,004,520 <INTEREST-DEPOSIT> 531,286 <INTEREST-EXPENSE> 531,286 <INTEREST-INCOME-NET> 473,234 <LOAN-LOSSES> 23,022 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 325,647 <INCOME-PRETAX> 166,636 <INCOME-PRE-EXTRAORDINARY> 166,636 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 99,632 <EPS-PRIMARY> .41 <EPS-DILUTED> .41 <YIELD-ACTUAL> 8.01 <LOANS-NON> 53,479 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 377,996 <ALLOWANCE-OPEN> 208,670 <CHARGE-OFFS> 8,578 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 223,114 <ALLOWANCE-DOMESTIC> 223,114 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0