<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-END> MAR-31-1998 <CASH> 6,428,544 <INT-BEARING-DEPOSITS> 894,422 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 192,541,903 <INVESTMENTS-MARKET> 0 <LOANS> 176,804,208 <ALLOWANCE> 1,668,715 <TOTAL-ASSETS> 400,681,197 <DEPOSITS> 180,782,959 <SHORT-TERM> 80,230,058 <LIABILITIES-OTHER> 40,843,869 <LONG-TERM> 43,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 57,980,442 <OTHER-SE> 0 <TOTAL-LIABILITIES-AND-EQUITY> 400,681,197 <INTEREST-LOAN> 6,787,370 <INTEREST-INVEST> 7,028,456 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 13,815,826 <INTEREST-DEPOSIT> 3,864,465 <INTEREST-EXPENSE> 5,852,206 <INTEREST-INCOME-NET> 4,099,155 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,818,122 <INCOME-PRETAX> 1,954,083 <INCOME-PRE-EXTRAORDINARY> 1,954,083 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,246,354 <EPS-PRIMARY> 0.20 <EPS-DILUTED> 0.18 <YIELD-ACTUAL> 2.33 <LOANS-NON> 917,000 <LOANS-PAST> 917,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 917,000 <ALLOWANCE-OPEN> 1,680,960 <CHARGE-OFFS> 15,000 <RECOVERIES> 2,755 <ALLOWANCE-CLOSE> 1,668,715 <ALLOWANCE-DOMESTIC> 1,668,715 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0