<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 90 <INT-BEARING-DEPOSITS> 1,063 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 7,738 <INVESTMENTS-CARRYING> 299 <INVESTMENTS-MARKET> 309 <LOANS> 22,800 <ALLOWANCE> 166 <TOTAL-ASSETS> 32,568 <DEPOSITS> 21,374 <SHORT-TERM> 0 <LIABILITIES-OTHER> 402 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66 <OTHER-SE> 10,726 <TOTAL-LIABILITIES-AND-EQUITY> 32,568 <INTEREST-LOAN> 958 <INTEREST-INVEST> 200 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,158 <INTEREST-DEPOSIT> 508 <INTEREST-EXPENSE> 508 <INTEREST-INCOME-NET> 650 <LOAN-LOSSES> 4 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 368 <INCOME-PRETAX> 292 <INCOME-PRE-EXTRAORDINARY> 292 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 187 <EPS-PRIMARY> .17 <EPS-DILUTED> .17 <YIELD-ACTUAL> 4.3 <LOANS-NON> 12 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 164 <CHARGE-OFFS> 2 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 166 <ALLOWANCE-DOMESTIC> 166 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0