<ARTICLE> 9 <LEGEND> The schedule contains summary financial information extracted from the Annual Report on Form 10QSB for the Quarter ended December 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 524,784 <INT-BEARING-DEPOSITS> 2,632,299 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 4,893,422 <INVESTMENTS-CARRYING> 50,283,548 <INVESTMENTS-MARKET> 50,739,052 <LOANS> 71,499,675 <ALLOWANCE> 294,522 <TOTAL-ASSETS> 135,345,330 <DEPOSITS> 85,947,794 <SHORT-TERM> 14,000,000 <LIABILITIES-OTHER> 1,726,533 <LONG-TERM> 21,000,000 <COMMON> 3,014,230 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 9,566,773 <TOTAL-LIABILITIES-AND-EQUITY> 135,345,330 <INTEREST-LOAN> 1,411,765 <INTEREST-INVEST> 952,464 <INTEREST-OTHER> 48,222 <INTEREST-TOTAL> 2,412,451 <INTEREST-DEPOSIT> 1,029,521 <INTEREST-EXPENSE> 455,704 <INTEREST-INCOME-NET> 1,485,225 <LOAN-LOSSES> 15,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 714,139 <INCOME-PRETAX> 468,318 <INCOME-PRE-EXTRAORDINARY> 468,318 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 350,792 <EPS-PRIMARY> 0.21 <EPS-DILUTED> 0.20 <YIELD-ACTUAL> 7.70 <LOANS-NON> 282,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 117,793 <ALLOWANCE-OPEN> 301,952 <CHARGE-OFFS> 24,972 <RECOVERIES> 2,542 <ALLOWANCE-CLOSE> 294,522 <ALLOWANCE-DOMESTIC> 294,522 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0