<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> FEB-28-1997 <PERIOD-START> MAR-01-1996 <PERIOD-END> AUG-31-1996 <CASH> 3,650 <INT-BEARING-DEPOSITS> 8,251 <FED-FUNDS-SOLD> 19,519 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 64,534 <INVESTMENTS-CARRYING> 16,579 <INVESTMENTS-MARKET> 16,501 <LOANS> 991,146 <ALLOWANCE> 4,560 <TOTAL-ASSETS> 1,130,517 <DEPOSITS> 787,180 <SHORT-TERM> 114,100 <LIABILITIES-OTHER> 24,761 <LONG-TERM> 113,430 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 38 <OTHER-SE> 91,008 <TOTAL-LIABILITIES-AND-EQUITY> 1,130,517 <INTEREST-LOAN> 37,139 <INTEREST-INVEST> 3,557 <INTEREST-OTHER> 406 <INTEREST-TOTAL> 41,102 <INTEREST-DEPOSIT> 19,573 <INTEREST-EXPENSE> 26,463 <INTEREST-INCOME-NET> 14,639 <LOAN-LOSSES> 145 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 9,600 <INCOME-PRETAX> 6,279 <INCOME-PRE-EXTRAORDINARY> 3,818 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,818 <EPS-PRIMARY> 1.20 <EPS-DILUTED> 1.20 <YIELD-ACTUAL> 2.62 <LOANS-NON> 2,629 <LOANS-PAST> 845 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 8,486 <ALLOWANCE-OPEN> 4,474 <CHARGE-OFFS> 61 <RECOVERIES> 2 <ALLOWANCE-CLOSE> 4,560 <ALLOWANCE-DOMESTIC> 4,560 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 4,510