<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM THE QUARTERLY REPORT ON FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-END> DEC-31-1997 <CASH> 407 <INT-BEARING-DEPOSITS> 3,063 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,526 <INVESTMENTS-CARRYING> 6,679 <INVESTMENTS-MARKET> 6,723 <LOANS> 45,628 <ALLOWANCE> 862 <TOTAL-ASSETS> 68,619 <DEPOSITS> 54,867 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,276 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 101 <OTHER-SE> 12,375 <TOTAL-LIABILITIES-AND-EQUITY> 68,619 <INTEREST-LOAN> 973 <INTEREST-INVEST> 298 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,272 <INTEREST-DEPOSIT> 626 <INTEREST-EXPENSE> 626 <INTEREST-INCOME-NET> 646 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 402 <INCOME-PRETAX> 286 <INCOME-PRE-EXTRAORDINARY> 177 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 177 <EPS-PRIMARY> .27<F1> <EPS-DILUTED> .24 <YIELD-ACTUAL> 7.66 <LOANS-NON> 297 <LOANS-PAST> 85 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,369 <ALLOWANCE-OPEN> 861 <CHARGE-OFFS> 0 <RECOVERIES> 1 <ALLOWANCE-CLOSE> 862 <ALLOWANCE-DOMESTIC> 862 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 698 <FN> <F1> BASIC EARNINGS PER SHARE </FN>