<TABLE> <S> <C>

<ARTICLE>                                            9
<LEGEND>
     The schedule contains summary financial information extracted from the
quarterly report on Form 10-Q for the fiscal quarter and is qualified in its
entirety by reference to such quarterly report.
</LEGEND>
<MULTIPLIER>                                   1
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              SEP-30-1999
<PERIOD-START>                                 OCT-1-1998
<PERIOD-END>                                   DEC-31-1998
<CASH>                                          $1,248,449
<INT-BEARING-DEPOSITS>                           1,567,945
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                      3,658,575
<INVESTMENTS-CARRYING>                           8,233,550
<INVESTMENTS-MARKET>                             8,520,915
<LOANS>                                        103,646,124
<ALLOWANCE>                                        121,360
<TOTAL-ASSETS>                                 120,543,007
<DEPOSITS>                                      79,926,763
<SHORT-TERM>                                     3,000,000
<LIABILITIES-OTHER>                              1,153,990
<LONG-TERM>                                     10,000,000
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            20,476
<OTHER-SE>                                      26,441,778
<TOTAL-LIABILITIES-AND-EQUITY>                 120,543,007
<INTEREST-LOAN>                                  1,908,812
<INTEREST-INVEST>                                  219,727
<INTEREST-OTHER>                                    12,977
<INTEREST-TOTAL>                                 2,141,516
<INTEREST-DEPOSIT>                                 952,443
<INTEREST-EXPENSE>                               1,103,708
<INTEREST-INCOME-NET>                            1,037,808
<LOAN-LOSSES>                                        3,000
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                    512,015
<INCOME-PRETAX>                                    681,329
<INCOME-PRE-EXTRAORDINARY>                         681,329
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                       441,679    
<EPS-PRIMARY>                                         0.29
<EPS-DILUTED>                                         0.28
<YIELD-ACTUAL>                                         3.5
<LOANS-NON>                                              0
<LOANS-PAST>                                       837,193
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                    174,495   
<ALLOWANCE-OPEN>                                   118,360
<CHARGE-OFFS>                                            0
<RECOVERIES>                                             0
<ALLOWANCE-CLOSE>                                  121,360
<ALLOWANCE-DOMESTIC>                               121,360
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        

</TABLE>