<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 1,228,028 <INT-BEARING-DEPOSITS> 1,546,783 <FED-FUNDS-SOLD> 1,050,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 1,500,268 <INVESTMENTS-MARKET> 1,488,000 <LOANS> 47,558,612 <ALLOWANCE> 236,860 <TOTAL-ASSETS> 68,924,010 <DEPOSITS> 42,497,351 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,141,801 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,426,625 <OTHER-SE> 7,858,233 <TOTAL-LIABILITIES-AND-EQUITY> 68,924,010 <INTEREST-LOAN> 1,931,778 <INTEREST-INVEST> 477,851 <INTEREST-OTHER> 137,617 <INTEREST-TOTAL> 2,549,246 <INTEREST-DEPOSIT> 964,254 <INTEREST-EXPENSE> 965,151 <INTEREST-INCOME-NET> 1,584,095 <LOAN-LOSSES> 12,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 660,191 <INCOME-PRETAX> 950,273 <INCOME-PRE-EXTRAORDINARY> 950,273 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 598,451 <EPS-PRIMARY> 0.35 <EPS-DILUTED> 0 <YIELD-ACTUAL> 7.56 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 230,860 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 236,860 <ALLOWANCE-DOMESTIC> 236,860 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0