<ARTICLE> 9
<RESTATED>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               SEP-30-1997
<CASH>                                       1,953,543
<INT-BEARING-DEPOSITS>                         176,490
<FED-FUNDS-SOLD>                             1,935,705
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 30,237,046
<INVESTMENTS-CARRYING>                      26,553,985
<INVESTMENTS-MARKET>                        26,610,378
<LOANS>                                    149,487,372
<ALLOWANCE>                                    420,000
<TOTAL-ASSETS>                             217,202,394
<DEPOSITS>                                 171,727,075
<SHORT-TERM>                                14,723,000
<LIABILITIES-OTHER>                          2,395,603
<LONG-TERM>                                          0
<COMMON>                                        16,934
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  28,356,716
<TOTAL-LIABILITIES-AND-EQUITY>             217,202,394
<INTEREST-LOAN>                              5,796,882
<INTEREST-INVEST>                            2,083,156
<INTEREST-OTHER>                               155,768
<INTEREST-TOTAL>                             8,035,806
<INTEREST-DEPOSIT>                           4,336,536
<INTEREST-EXPENSE>                           4,785,712
<INTEREST-INCOME-NET>                        3,250,094
<LOAN-LOSSES>                                   40,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              2,039,361
<INCOME-PRETAX>                              1,328,448
<INCOME-PRE-EXTRAORDINARY>                     815,335
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   815,335
<EPS-PRIMARY>                                      .48 <F1>
<EPS-DILUTED>                                      .46 <F1>
<YIELD-ACTUAL>                                    7.55
<LOANS-NON>                                          0
<LOANS-PAST>                                   221,597
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               380,000
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              420,000
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        420,000
        
<FN>
<F1>  Restated for adoption of SFAS No. 128.
</FN>