<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> DEC-31-1997 <CASH> 2,062,910 <INT-BEARING-DEPOSITS> 186,127 <FED-FUNDS-SOLD> 3,365,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 2,765,652 <INVESTMENTS-CARRYING> 949,531 <INVESTMENTS-MARKET> 942,369 <LOANS> 49,391,647 <ALLOWANCE> 329,652 <TOTAL-ASSETS> 62,632,353 <DEPOSITS> 46,617,629 <SHORT-TERM> 0 <LIABILITIES-OTHER> 603,673 <LONG-TERM> 10,190,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 236,988 <OTHER-SE> 4,984,063 <TOTAL-LIABILITIES-AND-EQUITY> 62,632,353 <INTEREST-LOAN> 3,342,602 <INTEREST-INVEST> 154,021 <INTEREST-OTHER> 163,609 <INTEREST-TOTAL> 3,660,232 <INTEREST-DEPOSIT> 1,469,526 <INTEREST-EXPENSE> 1,954,810 <INTEREST-INCOME-NET> 1,705,422 <LOAN-LOSSES> 50,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,321,560 <INCOME-PRETAX> 556,547 <INCOME-PRE-EXTRAORDINARY> 556,547 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 368,394 <EPS-PRIMARY> 1.58 <EPS-DILUTED> 1.57 <YIELD-ACTUAL> 4.17 <LOANS-NON> 461,644 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 295,457 <CHARGE-OFFS> 16,338 <RECOVERIES> 533 <ALLOWANCE-CLOSE> 329,652 <ALLOWANCE-DOMESTIC> 329,652 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0