<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated financial statements of East Texas Financial Services, Inc., at
June 30, 1997, and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                         524,238
<INT-BEARING-DEPOSITS>                       5,226,690
<FED-FUNDS-SOLD>                                   191
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  2,039,439
<INVESTMENTS-CARRYING>                      46,988,264
<INVESTMENTS-MARKET>                        47,391,454
<LOANS>                                     54,856,306
<ALLOWANCE>                                    273,659
<TOTAL-ASSETS>                             112,696,849
<DEPOSITS>                                  89,300,964
<SHORT-TERM>                                 1,963,420
<LIABILITIES-OTHER>                            961,319
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        12,564
<OTHER-SE>                                  20,458,582
<TOTAL-LIABILITIES-AND-EQUITY>             112,696,849
<INTEREST-LOAN>                              3,084,553
<INTEREST-INVEST>                            2,804,158
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             5,888,711
<INTEREST-DEPOSIT>                           3,310,523
<INTEREST-EXPENSE>                           3,315,251
<INTEREST-INCOME-NET>                        2,573,460
<LOAN-LOSSES>                                    5,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              1,894,533
<INCOME-PRETAX>                                889,580
<INCOME-PRE-EXTRAORDINARY>                     559,934
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   559,934
<EPS-PRIMARY>                                     0.57
<EPS-DILUTED>                                     0.57
<YIELD-ACTUAL>                                    7.16
<LOANS-NON>                                    162,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                174,000
<ALLOWANCE-OPEN>                               289,120
<CHARGE-OFFS>                                   71,345
<RECOVERIES>                                    55,884
<ALLOWANCE-CLOSE>                              273,659
<ALLOWANCE-DOMESTIC>                            74,137
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        199,522