<ARTICLE> 9 <LEGEND> The Schedule contains summary information extracted from the annual report on Form 10-KSB for the year ended March 31, 1997 and is qualified in its entirety by reference to such financial statements </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,107 <INT-BEARING-DEPOSITS> 695 <FED-FUNDS-SOLD> 5,325 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 31,259 <INVESTMENTS-CARRYING> 31,259 <INVESTMENTS-MARKET> 31,259 <LOANS> 81,728 <ALLOWANCE> 801 <TOTAL-ASSETS> 131,554 <DEPOSITS> 100,519 <SHORT-TERM> 10,134 <LIABILITIES-OTHER> 596 <LONG-TERM> 650 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13 <OTHER-SE> 19,357 <TOTAL-LIABILITIES-AND-EQUITY> 131,554 <INTEREST-LOAN> 5,224 <INTEREST-INVEST> 1,755 <INTEREST-OTHER> 171 <INTEREST-TOTAL> 7,150 <INTEREST-DEPOSIT> 3,218 <INTEREST-EXPENSE> 3,603 <INTEREST-INCOME-NET> 3,547 <LOAN-LOSSES> 105 <SECURITIES-GAINS> 32 <EXPENSE-OTHER> 2,818 <INCOME-PRETAX> 843 <INCOME-PRE-EXTRAORDINARY> 843 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 623 <EPS-PRIMARY> .50 <EPS-DILUTED> 0 <YIELD-ACTUAL> 7.7 <LOANS-NON> 716 <LOANS-PAST> 1,651 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 286 <CHARGE-OFFS> 153 <RECOVERIES> 37 <ALLOWANCE-CLOSE> 801 <ALLOWANCE-DOMESTIC> 194 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 607