<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> SEP-30-1998 <CASH> 1,684,001 <INT-BEARING-DEPOSITS> 131,966 <FED-FUNDS-SOLD> 6,380,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 2,949,399 <INVESTMENTS-CARRYING> 749,953 <INVESTMENTS-MARKET> 731,773 <LOANS> 53,014,224 <ALLOWANCE> 369,416 <TOTAL-ASSETS> 70,946,873 <DEPOSITS> 52,338,804 <SHORT-TERM> 0 <LIABILITIES-OTHER> 356,098 <LONG-TERM> 12,940,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 714,509 <OTHER-SE> 4,597,462 <TOTAL-LIABILITIES-AND-EQUITY> 70,946,873 <INTEREST-LOAN> 2,279,621 <INTEREST-INVEST> 141,704 <INTEREST-OTHER> 172,557 <INTEREST-TOTAL> 2,593,882 <INTEREST-DEPOSIT> 1,038,741 <INTEREST-EXPENSE> 1,415,789 <INTEREST-INCOME-NET> 1,178,093 <LOAN-LOSSES> 30,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,163,595 <INCOME-PRETAX> 190,962 <INCOME-PRE-EXTRAORDINARY> 118,929 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 118,929 <EPS-PRIMARY> 0.17 <EPS-DILUTED> 0.17 <YIELD-ACTUAL> 3.8 <LOANS-NON> 121,672 <LOANS-PAST> 27,006 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 346,896 <CHARGE-OFFS> 8,024 <RECOVERIES> 544 <ALLOWANCE-CLOSE> 369,416 <ALLOWANCE-DOMESTIC> 369,416 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0