<ARTICLE>                                            9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
CONSOLIDATED  FINANCIAL  STATEMENTS OF EAST TEXAS FINANCIAL  SERVICES,  INC., AT
JUNE 30, 2000,  AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH  FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                                 SEP-30-2000
<PERIOD-END>                                      JUN-30-2000
<CASH>                                              1,007,891
<INT-BEARING-DEPOSITS>                              2,805,202
<FED-FUNDS-SOLD>                                            0
<TRADING-ASSETS>                                            0
<INVESTMENTS-HELD-FOR-SALE>                        52,977,021
<INVESTMENTS-CARRYING>                             32,655,369
<INVESTMENTS-MARKET>                               31,788,155
<LOANS>                                            97,940,966
<ALLOWANCE>                                         1,099,200
<TOTAL-ASSETS>                                    200,383,598
<DEPOSITS>                                        105,580,659
<SHORT-TERM>                                       63,223,400
<LIABILITIES-OTHER>                                 2,581,256
<LONG-TERM>                                        13,092,383
<PREFERRED-MANDATORY>                                       0
<PREFERRED>                                                 0
<COMMON>                                               18,845
<OTHER-SE>                                         15,887,056
<TOTAL-LIABILITIES-AND-EQUITY>                    200,383,598
<INTEREST-LOAN>                                     4,063,765
<INTEREST-INVEST>                                   4,048,693
<INTEREST-OTHER>                                            0
<INTEREST-TOTAL>                                    8,112,458
<INTEREST-DEPOSIT>                                  3,070,096
<INTEREST-EXPENSE>                                  5,596,900
<INTEREST-INCOME-NET>                               2,515,558
<LOAN-LOSSES>                                           4,445
<SECURITIES-GAINS>                                     31,167
<EXPENSE-OTHER>                                     2,330,495
<INCOME-PRETAX>                                       375,345
<INCOME-PRE-EXTRAORDINARY>                            375,345
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                          234,022
<EPS-BASIC>                                              0.21
<EPS-DILUTED>                                            0.20
<YIELD-ACTUAL>                                           7.05
<LOANS-NON>                                         1,107,912
<LOANS-PAST>                                                0
<LOANS-TROUBLED>                                            0
<LOANS-PROBLEM>                                             0
<ALLOWANCE-OPEN>                                      270,039
<CHARGE-OFFS>                                           3,184
<RECOVERIES>                                           10,191
<ALLOWANCE-CLOSE>                                   1,099,200
<ALLOWANCE-DOMESTIC>                                  511,511
<ALLOWANCE-FOREIGN>                                         0
<ALLOWANCE-UNALLOCATED>                               587,689