<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 10,470 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 5,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1,320 <INVESTMENTS-CARRYING> 35,508 <INVESTMENTS-MARKET> 35,713 <LOANS> 592,696 <ALLOWANCE> (5,937) <TOTAL-ASSETS> 650,514 <DEPOSITS> 433,033 <SHORT-TERM> 0 <LIABILITIES-OTHER> 27,532 <LONG-TERM> 137,738 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17 <OTHER-SE> 52,194 <TOTAL-LIABILITIES-AND-EQUITY> 650,514 <INTEREST-LOAN> 13,589 <INTEREST-INVEST> 762 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 14,351 <INTEREST-DEPOSIT> 4,629 <INTEREST-EXPENSE> 7,134 <INTEREST-INCOME-NET> 7,217 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 4,427 <INCOME-PRETAX> 3,295 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,943 <EPS-PRIMARY> 1.11 <EPS-DILUTED> 1.11 <YIELD-ACTUAL> 9.03 <LOANS-NON> 7,229 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 6,032 <CHARGE-OFFS> 95 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 5,937 <ALLOWANCE-DOMESTIC> 5,937 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0