<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> SEP-30-1997 <CASH> 6686743 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 45913577 <INVESTMENTS-CARRYING> 10107208 <INVESTMENTS-MARKET> 10143932 <LOANS> 144475196 <ALLOWANCE> 2034079 <TOTAL-ASSETS> 217320549 <DEPOSITS> 173498802 <SHORT-TERM> 15942000 <LIABILITIES-OTHER> 3890123 <LONG-TERM> 6821342 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3962774 <OTHER-SE> 13223508 <TOTAL-LIABILITIES-AND-EQUITY> 217320549 <INTEREST-LOAN> 6623201 <INTEREST-INVEST> 1365313 <INTEREST-OTHER> 38077 <INTEREST-TOTAL> 8066591 <INTEREST-DEPOSIT> 3177113 <INTEREST-EXPENSE> 3706993 <INTEREST-INCOME-NET> 4359598 <LOAN-LOSSES> 390000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3648642 <INCOME-PRETAX> 1323047 <INCOME-PRE-EXTRAORDINARY> 1323047 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 855064 <EPS-PRIMARY> 2.05 <EPS-DILUTED> 2.05 <YIELD-ACTUAL> 8.46 <LOANS-NON> 3639046 <LOANS-PAST> 0 <LOANS-TROUBLED> 828710 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1767483 <CHARGE-OFFS> 157189 <RECOVERIES> 33785 <ALLOWANCE-CLOSE> 2034079 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2034079