<TABLE> <S> <C>

<ARTICLE>                9
<MULTIPLIER>             1,000

       
<S>                                    <C>
<PERIOD-TYPE>                          6-MOS
<FISCAL-YEAR-END>                                       MAR-31-1997
<PERIOD-END>                                            JUN-30-1997
<CASH>                                                        4,547
<INT-BEARING-DEPOSITS>                                            0
<FED-FUNDS-SOLD>                                                  5
<TRADING-ASSETS>                                                  0
<INVESTMENTS-HELD-FOR-SALE>                                 330,223
<INVESTMENTS-CARRYING>                                       11,228
<INVESTMENTS-MARKET>                                         11,288
<LOANS>                                                     232,910
<ALLOWANCE>                                                   3,203
<TOTAL-ASSETS>                                              602,201
<DEPOSITS>                                                  442,789
<SHORT-TERM>                                                101,043
<LIABILITIES-OTHER>                                           6,038
<LONG-TERM>                                                       0
<PREFERRED-MANDATORY>                                             0
<PREFERRED>                                                       0
<COMMON>                                                        307
<OTHER-SE>                                                   50,373
<TOTAL-LIABILITIES-AND-EQUITY>                              602,201
<INTEREST-LOAN>                                               4,916
<INTEREST-INVEST>                                             4,889
<INTEREST-OTHER>                                                 87
<INTEREST-TOTAL>                                              9,892
<INTEREST-DEPOSIT>                                            5,186
<INTEREST-EXPENSE>                                            6,315
<INTEREST-INCOME-NET>                                         3,577
<LOAN-LOSSES>                                                    45
<SECURITIES-GAINS>                                                0
<EXPENSE-OTHER>                                               2,600
<INCOME-PRETAX>                                               1,330
<INCOME-PRE-EXTRAORDINARY>                                    1,330
<EXTRAORDINARY>                                                   0
<CHANGES>                                                         0
<NET-INCOME>                                                    838
<EPS-PRIMARY>                                                  0.28
<EPS-DILUTED>                                                    0
<YIELD-ACTUAL>                                                   0
<LOANS-NON>                                                      0
<LOANS-PAST>                                                     0
<LOANS-TROUBLED>                                                 0
<LOANS-PROBLEM>                                                  0
<ALLOWANCE-OPEN>                                                 0
<CHARGE-OFFS>                                                    0
<RECOVERIES>                                                     0
<ALLOWANCE-CLOSE>                                                0
<ALLOWANCE-DOMESTIC>                                             0
<ALLOWANCE-FOREIGN>                                              0
<ALLOWANCE-UNALLOCATED>                                          0

        

</TABLE>