<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-END> JUN-30-1997 <CASH> 704 <INT-BEARING-DEPOSITS> 3364 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 66099 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 183912 <ALLOWANCE> 530 <TOTAL-ASSETS> 264266 <DEPOSITS> 145878 <SHORT-TERM> 55000 <LIABILITIES-OTHER> 951 <LONG-TERM> 30000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23 <OTHER-SE> 31572 <TOTAL-LIABILITIES-AND-EQUITY> 264266 <INTEREST-LOAN> 3858 <INTEREST-INVEST> 962 <INTEREST-OTHER> 196 <INTEREST-TOTAL> 5016 <INTEREST-DEPOSIT> 1827 <INTEREST-EXPENSE> 3109 <INTEREST-INCOME-NET> 1907 <LOAN-LOSSES> 45 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1030 <INCOME-PRETAX> 856 <INCOME-PRE-EXTRAORDINARY> 856 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 551 <EPS-PRIMARY> .28 <EPS-DILUTED> 0 <YIELD-ACTUAL> 7.70 <LOANS-NON> 92 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 485 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 530 <ALLOWANCE-DOMESTIC> 530 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0