<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-END> MAR-31-1997 <CASH> 649,826 <INT-BEARING-DEPOSITS> 420,041 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,021,102 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 69,101,178 <ALLOWANCE> 330,003 <TOTAL-ASSETS> 75,687,637 <DEPOSITS> 63,951,529 <SHORT-TERM> 1,000,000 <LIABILITIES-OTHER> 1,218,547 <LONG-TERM> 623,292 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,714 <OTHER-SE> 8,901,555 <TOTAL-LIABILITIES-AND-EQUITY> 75,687,637 <INTEREST-LOAN> 1,456,394 <INTEREST-INVEST> 74,976 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,531,370 <INTEREST-DEPOSIT> 892,439 <INTEREST-EXPENSE> 908,822 <INTEREST-INCOME-NET> 622,548 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 348,774 <INCOME-PRETAX> 385,727 <INCOME-PRE-EXTRAORDINARY> 385,727 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 250,801 <EPS-PRIMARY> .37 <EPS-DILUTED> .37 <YIELD-ACTUAL> 0 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 0 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 0 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0