<ARTICLE> 9 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000916396 <NAME> MFB CORP. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-1-1997 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1.000 <CASH> 3,018 <INT-BEARING-DEPOSITS> 14,885 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 41,820 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 233,286 <ALLOWANCE> 454 <TOTAL-ASSETS> 314,961 <DEPOSITS> 180,666 <SHORT-TERM> 7,297 <LIABILITIES-OTHER> 3,386 <LONG-TERM> 92,726 <COMMON> 12,847 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 18,039 <TOTAL-LIABILITIES-AND-EQUITY> 314,961 <INTEREST-LOAN> 17,745 <INTEREST-INVEST> 2,533 <INTEREST-OTHER> 560 <INTEREST-TOTAL> 20,838 <INTEREST-DEPOSIT> 8,388 <INTEREST-EXPENSE> 12,204 <INTEREST-INCOME-NET> 8,634 <LOAN-LOSSES> 120 <SECURITIES-GAINS> 8 <EXPENSE-OTHER> 5,625 <INCOME-PRETAX> 3,853 <INCOME-PRE-EXTRAORDINARY> 2,236 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,236 <EPS-PRIMARY> 1.44 <EPS-DILUTED> 1.37 <YIELD-ACTUAL> 3.17 <LOANS-NON> 0 <LOANS-PAST> 124 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 370 <CHARGE-OFFS> 36 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 454 <ALLOWANCE-DOMESTIC> 429 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 25