<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY
REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED SEPTEMBER 30, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               DEC-31-1996
<CASH>                                       3,839,707
<INT-BEARING-DEPOSITS>                       1,432,508
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                150,948,153
<INVESTMENTS-CARRYING>                      28,217,253
<INVESTMENTS-MARKET>                        28,382,752
<LOANS>                                    211,961,599
<ALLOWANCE>                                  2,072,383
<TOTAL-ASSETS>                             412,966,986
<DEPOSITS>                                 271,299,234
<SHORT-TERM>                                60,505,622
<LIABILITIES-OTHER>                          3,305,090
<LONG-TERM>                                 37,792,546
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        24,590
<OTHER-SE>                                  40,039,904
<TOTAL-LIABILITIES-AND-EQUITY>             412,966,986
<INTEREST-LOAN>                             12,597,851
<INTEREST-INVEST>                            9,239,048
<INTEREST-OTHER>                               357,848
<INTEREST-TOTAL>                            22,194,747
<INTEREST-DEPOSIT>                          10,025,728
<INTEREST-EXPENSE>                          14,034,906
<INTEREST-INCOME-NET>                        8,159,841
<LOAN-LOSSES>                                   16,466
<SECURITIES-GAINS>                              29,542
<EXPENSE-OTHER>                              8,090,698
<INCOME-PRETAX>                              1,365,061
<INCOME-PRE-EXTRAORDINARY>                     660,591
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   660,591
<EPS-PRIMARY>                                     0.30
<EPS-DILUTED>                                     0.30
<YIELD-ACTUAL>                                    7.48
<LOANS-NON>                                  2,255,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                             2,137,000
<LOANS-PROBLEM>                                325,923
<ALLOWANCE-OPEN>                             2,237,804
<CHARGE-OFFS>                                  218,246
<RECOVERIES>                                    36,379
<ALLOWANCE-CLOSE>                            2,072,383
<ALLOWANCE-DOMESTIC>                           311,520
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                      1,760,863