<ARTICLE> 9 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> DEC-31-1997 <CASH> 1,693,952 <INT-BEARING-DEPOSITS> 390,320,016 <FED-FUNDS-SOLD> 3,050,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 28,915,398 <INVESTMENTS-CARRYING> 96,518,638 <INVESTMENTS-MARKET> 93,812,000 <LOANS> 244,940,083 <ALLOWANCE> 2,862,455 <TOTAL-ASSETS> 415,767,393 <DEPOSITS> 269,106,203 <SHORT-TERM> 108,020,000 <LIABILITIES-OTHER> 1,784,648 <LONG-TERM> 1,601,987 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 23,144 <OTHER-SE> 35,231,413 <TOTAL-LIABILITIES-AND-EQUITY> 415,767,393 <INTEREST-LOAN> 4,588,062 <INTEREST-INVEST> 2,312,057 <INTEREST-OTHER> 30,788 <INTEREST-TOTAL> 6,930,907 <INTEREST-DEPOSIT> 2,162,459 <INTEREST-EXPENSE> 1,531,824 <INTEREST-INCOME-NET> 3,236,624 <LOAN-LOSSES> 279,920 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,938,339 <INCOME-PRETAX> 568,729 <INCOME-PRE-EXTRAORDINARY> 568,729 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 300,680 <EPS-PRIMARY> 0.14 <EPS-DILUTED> 0.14 <YIELD-ACTUAL> 7.10 <LOANS-NON> 4,276,407 <LOANS-PAST> 2,602,883 <LOANS-TROUBLED> 412,500 <LOANS-PROBLEM> 412,500 <ALLOWANCE-OPEN> 2,423,102 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 2,862,455 <ALLOWANCE-DOMESTIC> 2,862,455 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0