<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-QSB FOR THE QUARTER ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> SEP-30-1996 <CASH> 3,402 <INT-BEARING-DEPOSITS> 418 <FED-FUNDS-SOLD> 12,932 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 32,738 <INVESTMENTS-CARRYING> 32,738 <INVESTMENTS-MARKET> 32,738 <LOANS> 77,403 <ALLOWANCE> 832 <TOTAL-ASSETS> 136,218 <DEPOSITS> 99,390 <SHORT-TERM> 10,200 <LIABILITIES-OTHER> 910 <LONG-TERM> 700 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13 <OTHER-SE> 18,785 <TOTAL-LIABILITIES-AND-EQUITY> 136,218 <INTEREST-LOAN> 1,775 <INTEREST-INVEST> 428 <INTEREST-OTHER> 175 <INTEREST-TOTAL> 2,378 <INTEREST-DEPOSIT> 1,211 <INTEREST-EXPENSE> 1,274 <INTEREST-INCOME-NET> 1,104 <LOAN-LOSSES> 30 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,106 <INCOME-PRETAX> (8) <INCOME-PRE-EXTRAORDINARY> (8) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 34 <EPS-PRIMARY> .03 <EPS-DILUTED> 0 <YIELD-ACTUAL> 7.3 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 290 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 832 <ALLOWANCE-DOMESTIC> 225 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 607