<ARTICLE>                         9
<CIK>                                       0001089830
<NAME>                    Webster City Federal Bancorp
<MULTIPLIER>                                         1

                                                
<PERIOD-TYPE>                                    6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                       4,672,246
<INT-BEARING-DEPOSITS>                       2,611,000
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                          0
<INVESTMENTS-CARRYING>                      25,202,216
<INVESTMENTS-MARKET>                        24,880,448
<LOANS>                                     57,856,075
<ALLOWANCE>                                    381,088
<TOTAL-ASSETS>                              92,371,673
<DEPOSITS>                                  66,765,760
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            895,796
<LONG-TERM>                                  1,200,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       211,905
<OTHER-SE>                                  23,298,212
<TOTAL-LIABILITIES-AND-EQUITY>              92,371,673
<INTEREST-LOAN>                              1,102,807
<INTEREST-INVEST>                              391,703
<INTEREST-OTHER>                               105,243
<INTEREST-TOTAL>                             1,599,753
<INTEREST-DEPOSIT>                             728,861
<INTEREST-EXPENSE>                             745,001
<INTEREST-INCOME-NET>                          854,752
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                424,145
<INCOME-PRETAX>                                430,607
<INCOME-PRE-EXTRAORDINARY>                     430,607
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   268,143
<EPS-BASIC>                                      .13
<EPS-DILUTED>                                      .13
<YIELD-ACTUAL>                                    7.02
<LOANS-NON>                                          0
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               385,188
<CHARGE-OFFS>                                    5,153
<RECOVERIES>                                     1,053
<ALLOWANCE-CLOSE>                              381,088
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        381,088