<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> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-END> MAR-31-1998 <CASH> 264,464 <INT-BEARING-DEPOSITS> 774,241 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 15,208,674 <INVESTMENTS-CARRYING> 1,167,936 <INVESTMENTS-MARKET> 1,169,021 <LOANS> 42,693,027 <ALLOWANCE> 550,767 <TOTAL-ASSETS> 62,850,479 <DEPOSITS> 44,731,130 <SHORT-TERM> 9,500,000 <LIABILITIES-OTHER> 680,710 <LONG-TERM> 845,663 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,682,393 <OTHER-SE> 4,410,584 <TOTAL-LIABILITIES-AND-EQUITY> 62,850,479 <INTEREST-LOAN> 860,990 <INTEREST-INVEST> 285,652 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,146,642 <INTEREST-DEPOSIT> 555,597 <INTEREST-EXPENSE> 159,219 <INTEREST-INCOME-NET> 431,286 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 350,476 <INCOME-PRETAX> 93,147 <INCOME-PRE-EXTRAORDINARY> 93,147 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 52,947 <EPS-PRIMARY> .14 <EPS-DILUTED> .14 <YIELD-ACTUAL> 7.62 <LOANS-NON> 532,777 <LOANS-PAST> 0 <LOANS-TROUBLED> 34,811 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 589,205 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 589,205 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0