<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM THE QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 1,582 <INT-BEARING-DEPOSITS> 9,019 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 100,283 <INVESTMENTS-MARKET> 98,685 <LOANS> 269,660 <ALLOWANCE> 780 <TOTAL-ASSETS> 407,671 <DEPOSITS> 262,386 <SHORT-TERM> 38,500 <LIABILITIES-OTHER> 4,721 <LONG-TERM> 61,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 225 <OTHER-SE> 40,779 <TOTAL-LIABILITIES-AND-EQUITY> 407,611 <INTEREST-LOAN> 4,896 <INTEREST-INVEST> 2,035 <INTEREST-OTHER> 74 <INTEREST-TOTAL> 7,005 <INTEREST-DEPOSIT> 2,835 <INTEREST-EXPENSE> 1,667 <INTEREST-INCOME-NET> 2,503 <LOAN-LOSSES> 325 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,811 <INCOME-PRETAX> 1,406 <INCOME-PRE-EXTRAORDINARY> 1,406 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 854 <EPS-PRIMARY> 0.45<F1> <EPS-DILUTED> 0.43 <YIELD-ACTUAL> 2.69 <LOANS-NON> 1,068 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 465 <CHARGE-OFFS> 10 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 780 <ALLOWANCE-DOMESTIC> 780 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1> BASIC EARNINGS PER SHARE </FN>