<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 1,783,017 <INT-BEARING-DEPOSITS> 380,450 <FED-FUNDS-SOLD> 3,547,762 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 30,842,416 <INVESTMENTS-CARRYING> 33,614,698 <INVESTMENTS-MARKET> 33,128,560 <LOANS> 142,001,778 <ALLOWANCE> 380,000 <TOTAL-ASSETS> 218,776,832 <DEPOSITS> 167,696,752 <SHORT-TERM> 20,395,000 <LIABILITIES-OTHER> 2,479,072 <LONG-TERM> 0 <COMMON> 17,544 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 28,188,464 <TOTAL-LIABILITIES-AND-EQUITY> 218,776,832 <INTEREST-LOAN> 7,635,705 <INTEREST-INVEST> 2,561,385 <INTEREST-OTHER> 223,279 <INTEREST-TOTAL> 11,358,885 <INTEREST-DEPOSIT> 6,320,944 <INTEREST-EXPENSE> 6,951,569 <INTEREST-INCOME-NET> 4,407,316 <LOAN-LOSSES> 32,605 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,743,293 <INCOME-PRETAX> 820,093 <INCOME-PRE-EXTRAORDINARY> 503,393 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 503,393 <EPS-PRIMARY> .30 <EPS-DILUTED> .30 <YIELD-ACTUAL> 7.50 <LOANS-NON> 0 <LOANS-PAST> 789,877 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 380,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 380,000 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 380,000