<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q FOR THE FISCAL QUARTER ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> JUN-30-1998 <CASH> 9,157,203 <INT-BEARING-DEPOSITS> 20,589,817 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 160,538,947 <INVESTMENTS-CARRYING> 17,398,009 <INVESTMENTS-MARKET> 17,617,668 <LOANS> 269,627,827 <ALLOWANCE> 2,024,259 <TOTAL-ASSETS> 506,724,583 <DEPOSITS> 360,294,804 <SHORT-TERM> 23,526,678 <LIABILITIES-OTHER> 17,737,046 <LONG-TERM> 61,703,254 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49,241 <OTHER-SE> 43,413,560 <TOTAL-LIABILITIES-AND-EQUITY> 506,724,583 <INTEREST-LOAN> 4,447,255 <INTEREST-INVEST> 2,800,103 <INTEREST-OTHER> 200,760 <INTEREST-TOTAL> 7,448,118 <INTEREST-DEPOSIT> 3,421,324 <INTEREST-EXPENSE> 4,700,746 <INTEREST-INCOME-NET> 2,747,372 <LOAN-LOSSES> 75,000 <SECURITIES-GAINS> 64,815 <EXPENSE-OTHER> 2,378,652 <INCOME-PRETAX> 1,075,529 <INCOME-PRE-EXTRAORDINARY> 627,348 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 627,348 <EPS-PRIMARY> .15 <EPS-DILUTED> .14 <YIELD-ACTUAL> 7.33 <LOANS-NON> 810,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 3,290,580 <ALLOWANCE-OPEN> 1,973,410 <CHARGE-OFFS> 38,858 <RECOVERIES> 14,706 <ALLOWANCE-CLOSE> 2,024,259 <ALLOWANCE-DOMESTIC> 66,367 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,957,892