<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> MAR-31-1999 <PERIOD-END> DEC-31-1998 <CASH> 530 <INT-BEARING-DEPOSITS> 524 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 79,018 <INVESTMENTS-MARKET> 79,231 <LOANS> 62,997 <ALLOWANCE> 570 <TOTAL-ASSETS> 150,035 <DEPOSITS> 77,408 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,999 <LONG-TERM> 45,741 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 345 <OTHER-SE> 24,542 <TOTAL-LIABILITIES-AND-EQUITY> 150,035 <INTEREST-LOAN> 3,584 <INTEREST-INVEST> 3,399 <INTEREST-OTHER> 262 <INTEREST-TOTAL> 7,245 <INTEREST-DEPOSIT> 2,616 <INTEREST-EXPENSE> 4,396 <INTEREST-INCOME-NET> 2,849 <LOAN-LOSSES> 20 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,088 <INCOME-PRETAX> 807 <INCOME-PRE-EXTRAORDINARY> 807 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 472 <EPS-PRIMARY> .14 <EPS-DILUTED> .14 <YIELD-ACTUAL> 2.68 <LOANS-NON> 683 <LOANS-PAST> 14 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 549 <CHARGE-OFFS> 0 <RECOVERIES> 1 <ALLOWANCE-CLOSE> 570 <ALLOWANCE-DOMESTIC> 20 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0