<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 514,183 <INT-BEARING-DEPOSITS> 5,313,524 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 86,029,168 <INVESTMENTS-CARRYING> 34,364,761 <INVESTMENTS-MARKET> 33,360,600 <LOANS> 91,635,785 <ALLOWANCE> (347,000) <TOTAL-ASSETS> 227,399,623 <DEPOSITS> 117,583,183 <SHORT-TERM> 17,500,000 <LIABILITIES-OTHER> 1,644,263 <LONG-TERM> 44,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 39,675 <OTHER-SE> 45,800,815 <TOTAL-LIABILITIES-AND-EQUITY> 227,399,623 <INTEREST-LOAN> 3,735,641 <INTEREST-INVEST> 4,575,338 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 8,310,979 <INTEREST-DEPOSIT> 3,034,163 <INTEREST-EXPENSE> 4,843,903 <INTEREST-INCOME-NET> 3,467,076 <LOAN-LOSSES> 6,618 <SECURITIES-GAINS> 139,718 <EXPENSE-OTHER> 2,484,760 <INCOME-PRETAX> 1,182,634 <INCOME-PRE-EXTRAORDINARY> 950,633 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 950,633 <EPS-PRIMARY> .27 <EPS-DILUTED> .27 <YIELD-ACTUAL> 3.06 <LOANS-NON> 451,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 345,000 <CHARGE-OFFS> 4,618 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 347,000 <ALLOWANCE-DOMESTIC> 347,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0