<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1999 <PERIOD-START> OCT-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 486,008 <INT-BEARING-DEPOSITS> 2,587,335 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 80,551,294 <INVESTMENTS-CARRYING> 15,366,072 <INVESTMENTS-MARKET> 15,328,300 <LOANS> 112,228,000 <ALLOWANCE> (449,000) <TOTAL-ASSETS> 220,203,991 <DEPOSITS> 116,513,549 <SHORT-TERM> 10,000,000 <LIABILITIES-OTHER> 1,929,190 <LONG-TERM> 47,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 39,814 <OTHER-SE> 43,133,004 <TOTAL-LIABILITIES-AND-EQUITY> 220,203,991 <INTEREST-LOAN> 2,186,441 <INTEREST-INVEST> 1,749,663 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 3,936,104 <INTEREST-DEPOSIT> 1,450,414 <INTEREST-EXPENSE> 2,347,612 <INTEREST-INCOME-NET> 1,588,492 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 90,767 <EXPENSE-OTHER> 1,186,088 <INCOME-PRETAX> 619,228 <INCOME-PRE-EXTRAORDINARY> 487,223 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 487,223 <EPS-PRIMARY> .19 <EPS-DILUTED> .18 <YIELD-ACTUAL> 2.95 <LOANS-NON> 458,548 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 449,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 449,000 <ALLOWANCE-DOMESTIC> 449,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0