<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
ANNUAL REPORT ON FORM 10-KSB FOR THE YEAR ENDED SEPTEMBER 30, 1997 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>          1
       
                                                 
<PERIOD-TYPE>                     3-MOS
<FISCAL-YEAR-END>                                    SEP-30-1997
<PERIOD-END>                                         DEC-31-1997
<CASH>                                                   209,391
<INT-BEARING-DEPOSITS>                                   342,107
<FED-FUNDS-SOLD>                                               0
<TRADING-ASSETS>                                               0
<INVESTMENTS-HELD-FOR-SALE>                           15,679,689
<INVESTMENTS-CARRYING>                                 3,058,453
<INVESTMENTS-MARKET>                                   3,062,435
<LOANS>                                               42,212,542
<ALLOWANCE>                                              551,490
<TOTAL-ASSETS>                                        62,820,363
<DEPOSITS>                                            44,137,770
<SHORT-TERM>                                          10,300,000
<LIABILITIES-OTHER>                                      549,073
<LONG-TERM>                                              859,945
<PREFERRED-MANDATORY>                                          0
<PREFERRED>                                                    0
<COMMON>                                               2,615,938
<OTHER-SE>                                             4,357,637
<TOTAL-LIABILITIES-AND-EQUITY>                        62,820,363
<INTEREST-LOAN>                                          833,950
<INTEREST-INVEST>                                        282,295
<INTEREST-OTHER>                                               0
<INTEREST-TOTAL>                                       1,116,245
<INTEREST-DEPOSIT>                                       561,908
<INTEREST-EXPENSE>                                       711,919
<INTEREST-INCOME-NET>                                    404,326
<LOAN-LOSSES>                                                  0
<SECURITIES-GAINS>                                             0
<EXPENSE-OTHER>                                          321,134
<INCOME-PRETAX>                                           94,005
<INCOME-PRE-EXTRAORDINARY>                                94,005
<EXTRAORDINARY>                                                0
<CHANGES>                                                      0
<NET-INCOME>                                              61,705
<EPS-PRIMARY>                                                .16
<EPS-DILUTED>                                                .16
<YIELD-ACTUAL>                                              7.60
<LOANS-NON>                                              868,000
<LOANS-PAST>                                                   0
<LOANS-TROUBLED>                                         523,000
<LOANS-PROBLEM>                                                0
<ALLOWANCE-OPEN>                                         594,000
<CHARGE-OFFS>                                              5,000
<RECOVERIES>                                                   0
<ALLOWANCE-CLOSE>                                        589,000
<ALLOWANCE-DOMESTIC>                                           0
<ALLOWANCE-FOREIGN>                                            0
<ALLOWANCE-UNALLOCATED>                                        0