<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S.DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> FEB-28-1998 <PERIOD-END> MAY-31-1997 <EXCHANGE-RATE> 1 <CASH> 5,623 <INT-BEARING-DEPOSITS> 17,190 <FED-FUNDS-SOLD> 18,589 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 69,496 <INVESTMENTS-CARRYING> 11,450 <INVESTMENTS-MARKET> 11,410 <LOANS> 1,007,166 <ALLOWANCE> 4,653 <TOTAL-ASSETS> 1,157,445 <DEPOSITS> 807,362 <SHORT-TERM> 157,500 <LIABILITIES-OTHER> 24,647 <LONG-TERM> 70,930 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 41 <OTHER-SE> 96,965 <TOTAL-LIABILITIES-AND-EQUITY> 1,157,445 <INTEREST-LOAN> 18,957 <INTEREST-INVEST> 1,672 <INTEREST-OTHER> 245 <INTEREST-TOTAL> 20,874 <INTEREST-DEPOSIT> 9,757 <INTEREST-EXPENSE> 13,176 <INTEREST-INCOME-NET> 7,698 <LOAN-LOSSES> 70 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,481 <INCOME-PRETAX> 3,828 <INCOME-PRE-EXTRAORDINARY> 2,348 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,348 <EPS-PRIMARY> .72 <EPS-DILUTED> .72 <YIELD-ACTUAL> 2.72 <LOANS-NON> 3,334 <LOANS-PAST> 400 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 9,559 <ALLOWANCE-OPEN> 4,599 <CHARGE-OFFS> 18 <RECOVERIES> 2 <ALLOWANCE-CLOSE> 4,653 <ALLOWANCE-DOMESTIC> 4,653 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 4,653