<ARTICLE> 9 <LEGEND> The schedule contains summary financial information extracted from the Annual Report on Form 10-Q for the Quarter ended March 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-END> MAR-31-1997 <CASH> 323,407 <INT-BEARING-DEPOSITS> 2,537,561 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 5,219,549 <INVESTMENTS-CARRYING> 46,125,206 <INVESTMENTS-MARKET> 46,029,068 <LOANS> 65,065,974 <ALLOWANCE> 289,033 <TOTAL-ASSETS> 123,571,905 <DEPOSITS> 85,887,009 <SHORT-TERM> 14,000,000 <LIABILITIES-OTHER> 1,447,034 <LONG-TERM> 11,000,000 <COMMON> 2,732,933 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 8,504,929 <TOTAL-LIABILITIES-AND-EQUITY> 123,571,905 <INTEREST-LOAN> 2,587,263 <INTEREST-INVEST> 1,706,883 <INTEREST-OTHER> 51,454 <INTEREST-TOTAL> 4,345,600 <INTEREST-DEPOSIT> 1,838,124 <INTEREST-EXPENSE> 735,631 <INTEREST-INCOME-NET> 2,573,755 <LOAN-LOSSES> 33,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,285,400 <INCOME-PRETAX> 1,048,121 <INCOME-PRE-EXTRAORDINARY> 1,048,121 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 696,121 <EPS-PRIMARY> 0.41 <EPS-DILUTED> 0.41 <YIELD-ACTUAL> 7.49 <LOANS-NON> 154,674 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 147,942 <ALLOWANCE-OPEN> 280,919 <CHARGE-OFFS> 16,160 <RECOVERIES> 274 <ALLOWANCE-CLOSE> 289,033 <ALLOWANCE-DOMESTIC> 289,033 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0