<ARTICLE> 9
<RESTATED>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               DEC-31-1997

<CASH>                                       6,143,567
<INT-BEARING-DEPOSITS>                         146,040
<FED-FUNDS-SOLD>                                     0 
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 48,449,195
<INVESTMENTS-CARRYING>                      24,339,990
<INVESTMENTS-MARKET>                        24,276,779
<LOANS>                                    148,077,447
<ALLOWANCE>                                    460,000
<TOTAL-ASSETS>                             233,572,078
<DEPOSITS>                                 176,670,915
<SHORT-TERM>                                25,093,000
<LIABILITIES-OTHER>                          2,643,024
<LONG-TERM>                                          0
<COMMON>                                        16,934
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  29,148,205
<TOTAL-LIABILITIES-AND-EQUITY>             233,572,078
<INTEREST-LOAN>                              8,740,628
<INTEREST-INVEST>                            3,122,242
<INTEREST-OTHER>                               235,855
<INTEREST-TOTAL>                            12,098,725
<INTEREST-DEPOSIT>                           6,617,685
<INTEREST-EXPENSE>                           7,267,717
<INTEREST-INCOME-NET>                        4,831,008
<LOAN-LOSSES>                                   80,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              3,097,162
<INCOME-PRETAX>                              2,003,478
<INCOME-PRE-EXTRAORDINARY>                   1,229,615
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,229,615
<EPS-PRIMARY>                                      .71 <F1>
<EPS-DILUTED>                                      .69 <F1>
<YIELD-ACTUAL>                                    7.55
<LOANS-NON>                                          0
<LOANS-PAST>                                 1,229,474
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               380,000
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              460,000
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        460,000
        
<FN>
<F1>  Restated for adoption of SFAS No. 128.
</FN>