<ARTICLE> 9 <LEGEND> The schedule contains summary financial information from the annual report on Form 10-K for the fiscal year ended and is qualified in its entirety by reference to such. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> SEP-30-1997 <CASH> 1,315,950 <INT-BEARING-DEPOSITS> 3,084,500 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 739,366 <INVESTMENTS-CARRYING> 16,363,330 <INVESTMENTS-MARKET> 16,788,418 <LOANS> 84,391,398 <ALLOWANCE> 106,360 <TOTAL-ASSETS> 107,795,956 <DEPOSITS> 77,372,969 <SHORT-TERM> 1,000,000 <LIABILITIES-OTHER> 706,610 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20,476 <OTHER-SE> 28,716,377 <TOTAL-LIABILITIES-AND-EQUITY> 107,795,956 <INTEREST-LOAN> 5,943,627 <INTEREST-INVEST> 1,241,743 <INTEREST-OTHER> 452,155 <INTEREST-TOTAL> 7,637,525 <INTEREST-DEPOSIT> 3,771,889 <INTEREST-EXPENSE> 3,771,889 <INTEREST-INCOME-NET> 3,865,636 <LOAN-LOSSES> 12,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,785,500 <INCOME-PRETAX> 2,296,889 <INCOME-PRE-EXTRAORDINARY> 2,296,889 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,610,739 <EPS-PRIMARY> .80 <EPS-DILUTED> .80 <YIELD-ACTUAL> 3.83 <LOANS-NON> 0 <LOANS-PAST> 572,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 94,360 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 106,360 <ALLOWANCE-DOMESTIC> 106,360 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 10,000