<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> SEP-30-1996 <CASH> 289 <INT-BEARING-DEPOSITS> 1,893 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 18,051 <INVESTMENTS-CARRYING> 14,589 <INVESTMENTS-MARKET> 14,345 <LOANS> 51,231 <ALLOWANCE> 147 <TOTAL-ASSETS> 87,807 <DEPOSITS> 66,696 <SHORT-TERM> 5,000 <LIABILITIES-OTHER> 1,373 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11 <OTHER-SE> 14,727 <TOTAL-LIABILITIES-AND-EQUITY> 87,807 <INTEREST-LOAN> 1,361 <INTEREST-INVEST> 403 <INTEREST-OTHER> 90 <INTEREST-TOTAL> 3,170 <INTEREST-DEPOSIT> 1,667 <INTEREST-EXPENSE> 1,813 <INTEREST-INCOME-NET> 1,357 <LOAN-LOSSES> 16 <SECURITIES-GAINS> (8) <EXPENSE-OTHER> 1,388 <INCOME-PRETAX> 102 <INCOME-PRE-EXTRAORDINARY> 102 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 64 <EPS-PRIMARY> .07 <EPS-DILUTED> .07 <YIELD-ACTUAL> 7.72 <LOANS-NON> 163 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 369 <ALLOWANCE-OPEN> 131 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 147 <ALLOWANCE-DOMESTIC> 99 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 48