<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS 6-MOS <FISCAL-YEAR-END> MAR-31-1997 MAR-31-1996 <PERIOD-START> APR-01-1996 APR-01-1995 <PERIOD-END> SEP-30-1996 SEP-30-1995 <CASH> 10,061 1,904 <INT-BEARING-DEPOSITS> 913 10,669 <FED-FUNDS-SOLD> 5,270 0 <TRADING-ASSETS> 0 0 <INVESTMENTS-HELD-FOR-SALE> 7,554 6,401 <INVESTMENTS-CARRYING> 7,040 9,470 <INVESTMENTS-MARKET> 17,795 3,816 <LOANS> 19,322 127,793 <ALLOWANCE> 2,808 1,412 <TOTAL-ASSETS> 255,946 168,064 <DEPOSITS> 214,591 127,791 <SHORT-TERM> 5,758 12,651 <LIABILITIES-OTHER> 4,142 2,132 <LONG-TERM> 8,413 7,511 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1,599 1,446 <OTHER-SE> 21,443 16,533 <TOTAL-LIABILITIES-AND-EQUITY> 255,946 168,064 <INTEREST-LOAN> 6,492 5,674 <INTEREST-INVEST> 478 456 <INTEREST-OTHER> 179 37 <INTEREST-TOTAL> 7,149 6,167 <INTEREST-DEPOSIT> 3,125 2,658 <INTEREST-EXPENSE> 3,380 3,274 <INTEREST-INCOME-NET> 3,769 2,893 <LOAN-LOSSES> 20 10 <SECURITIES-GAINS> 0 0 <EXPENSE-OTHER> 3,504 2,227 <INCOME-PRETAX> 1,248 1,572 <INCOME-PRE-EXTRAORDINARY> 1,248 1,572 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,248 1,572 <EPS-PRIMARY> 0.78 1.09 <EPS-DILUTED> 0.77 1.09 <YIELD-ACTUAL> 4.55 3.87 <LOANS-NON> 2,512 825 <LOANS-PAST> 0 0 <LOANS-TROUBLED> 0 0 <LOANS-PROBLEM> 293 1,212 <ALLOWANCE-OPEN> 1,371 1,435 <CHARGE-OFFS> 35 44 <RECOVERIES> 6 11 <ALLOWANCE-CLOSE> 2,808<F1> 1,412 <ALLOWANCE-DOMESTIC> 2,808 1,412 <ALLOWANCE-FOREIGN> 0 0 <ALLOWANCE-UNALLOCATED> 1,973 1,153 <FN> <F1>Allowance added through acquisition totaled $1,446 in 1996. </FN>