<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 922,237 <INT-BEARING-DEPOSITS> 399,354 <FED-FUNDS-SOLD> 2,900,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 41,609,760 <INVESTMENTS-CARRYING> 13,878,099 <INVESTMENTS-MARKET> 13,728,909 <LOANS> 110,227,516 <ALLOWANCE> 507,202 <TOTAL-ASSETS> 175,706,224 <DEPOSITS> 131,909,574 <SHORT-TERM> 1,000,000 <LIABILITIES-OTHER> 490,833 <LONG-TERM> 14,733,624 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 27,092,373 <TOTAL-LIABILITIES-AND-EQUITY> 175,706,224 <INTEREST-LOAN> 2,368,933 <INTEREST-INVEST> 908,450 <INTEREST-OTHER> 23,742 <INTEREST-TOTAL> 3,301,125 <INTEREST-DEPOSIT> 1,618,056 <INTEREST-EXPENSE> 1,883,008 <INTEREST-INCOME-NET> 1,418,117 <LOAN-LOSSES> 20,000 <SECURITIES-GAINS> 32,691 <EXPENSE-OTHER> 1,010,168 <INCOME-PRETAX> 598,938 <INCOME-PRE-EXTRAORDINARY> 394,938 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 394,938 <EPS-PRIMARY> .18 <EPS-DILUTED> .18 <YIELD-ACTUAL> 3.24 <LOANS-NON> 306,000 <LOANS-PAST> 276,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 487,202 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 507,202 <ALLOWANCE-DOMESTIC> 507,202 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 194,824