<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 709,458 <INT-BEARING-DEPOSITS> 120,000 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 69,324 <INVESTMENTS-HELD-FOR-SALE> 398,000 <INVESTMENTS-CARRYING> 457,000 <INVESTMENTS-MARKET> 445,000 <LOANS> 9,392,212 <ALLOWANCE> 110,000 <TOTAL-ASSETS> 11,325,801 <DEPOSITS> 10,237,301 <SHORT-TERM> 0 <LIABILITIES-OTHER> 18,397 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 956,285 <TOTAL-LIABILITIES-AND-EQUITY> 954,906 <INTEREST-LOAN> 574,962 <INTEREST-INVEST> 103,398 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 688,360 <INTEREST-DEPOSIT> 326,607 <INTEREST-EXPENSE> 326,607 <INTEREST-INCOME-NET> 361,753 <LOAN-LOSSES> 78,000 <SECURITIES-GAINS> 67,056 <EXPENSE-OTHER> 434,060 <INCOME-PRETAX> (54,472) <INCOME-PRE-EXTRAORDINARY> (54,472) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (36,072) <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 4.00 <LOANS-NON> 47,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 32,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 110,000 <ALLOWANCE-DOMESTIC> 100 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0