<ARTICLE> 5 <CIK> 0000036548 <NAME> FIRST MORTGAGE CORP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> FEB-28-1997 <PERIOD-END> AUG-30-1997 <CASH> 576,109 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 50,865 <DEPRECIATION> 0 <TOTAL-ASSETS> 626,974 <CURRENT-LIABILITIES> 16,102 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 51,102 <OTHER-SE> 559,770 <TOTAL-LIABILITY-AND-EQUITY> 626,974 <SALES> 0 <TOTAL-REVENUES> 112,812 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 39,414 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 73,398 <INCOME-TAX> 16,102 <INCOME-CONTINUING> 57,296 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 57,296 <EPS-PRIMARY> .001 <EPS-DILUTED> 0