<ARTICLE> 9
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       6,981,332
<INT-BEARING-DEPOSITS>                      14,672,756
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  3,410,025
<INVESTMENTS-CARRYING>                     112,407,011
<INVESTMENTS-MARKET>                       112,124,616
<LOANS>                                    124,352,183
<ALLOWANCE>                                  1,165,629
<TOTAL-ASSETS>                             278,532,088
<DEPOSITS>                                 238,497,915
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                          5,788,488
<LONG-TERM>                                 16,339,279
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         9,085
<OTHER-SE>                                  19,761,802
<TOTAL-LIABILITIES-AND-EQUITY>             278,532,088
<INTEREST-LOAN>                              7,193,460
<INTEREST-INVEST>                            6,526,765
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                            13,720,225
<INTEREST-DEPOSIT>                           7,430,780
<INTEREST-EXPENSE>                           8,425,509
<INTEREST-INCOME-NET>                        5,294,716
<LOAN-LOSSES>                                  128,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              1,254,913
<INCOME-PRETAX>                                307,565
<INCOME-PRE-EXTRAORDINARY>                     307,565
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   244,056
<EPS-PRIMARY>                                      .29
<EPS-DILUTED>                                      .29
<YIELD-ACTUAL>                                    2.90
<LOANS-NON>                                    214,086
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                               676,865
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                             1,350,222
<CHARGE-OFFS>                                  789,193
<RECOVERIES>                                    91,316
<ALLOWANCE-CLOSE>                            1,165,629
<ALLOWANCE-DOMESTIC>                           183,674
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        981,955