<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> DEC-31-1998 <CASH> 2,570,435 <INT-BEARING-DEPOSITS> 50,805 <FED-FUNDS-SOLD> 2,013,804 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 56,653,988 <INVESTMENTS-CARRYING> 4,361,915 <INVESTMENTS-MARKET> 4,469,072 <LOANS> 155,134,780 <ALLOWANCE> 540,337 <TOTAL-ASSETS> 227,561,912 <DEPOSITS> 177,205,035 <SHORT-TERM> 18,810,000 <LIABILITIES-OTHER> 2,515,138 <LONG-TERM> 0 <COMMON> 17,968 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 29,013,771 <TOTAL-LIABILITIES-AND-EQUITY> 227,561,912 <INTEREST-LOAN> 8,956,611 <INTEREST-INVEST> 3,696,361 <INTEREST-OTHER> 243,689 <INTEREST-TOTAL> 12,896,661 <INTEREST-DEPOSIT> 6,825,709 <INTEREST-EXPENSE> 7,802,083 <INTEREST-INCOME-NET> 5,094,578 <LOAN-LOSSES> 60,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,166,753 <INCOME-PRETAX> 2,358,235 <INCOME-PRE-EXTRAORDINARY> 1,397,185 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,397,185 <EPS-PRIMARY> .80 <EPS-DILUTED> .77 <YIELD-ACTUAL> 7.55 <LOANS-NON> 0 <LOANS-PAST> 838,508 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 490,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 540,337 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 540,337