<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated Financial Statements of Woronoco Savings Bank for the six months
ended June 30, 1999 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                           11496
<INT-BEARING-DEPOSITS>                            1659
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     119856
<INVESTMENTS-CARRYING>                          117972
<INVESTMENTS-MARKET>                            119856
<LOANS>                                         293574
<ALLOWANCE>                                     (2281)
<TOTAL-ASSETS>                                  443055
<DEPOSITS>                                      277380
<SHORT-TERM>                                     75154
<LIABILITIES-OTHER>                               3599
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            60
<OTHER-SE>                                       86862
<TOTAL-LIABILITIES-AND-EQUITY>                  443055
<INTEREST-LOAN>                                  10780
<INTEREST-INVEST>                                 3417
<INTEREST-OTHER>                                    24
<INTEREST-TOTAL>                                 14544
<INTEREST-DEPOSIT>                                4729
<INTEREST-EXPENSE>                                6915
<INTEREST-INCOME-NET>                             7629
<LOAN-LOSSES>                                      120
<SECURITIES-GAINS>                                 803
<EXPENSE-OTHER>                                  10394
<INCOME-PRETAX>                                 (1067)
<INCOME-PRE-EXTRAORDINARY>                      (1067)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (640)
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    6.97
<LOANS-NON>                                        164
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                   758
<LOANS-PROBLEM>                                   2700
<ALLOWANCE-OPEN>                                  2166
<CHARGE-OFFS>                                       30
<RECOVERIES>                                        25
<ALLOWANCE-CLOSE>                                 2281
<ALLOWANCE-DOMESTIC>                              2281
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0


</TABLE>