<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED
DECEMBER 3, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000876621
<NAME> SHELBY COUNTY BANCORP
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               DEC-31-1997
<EXCHANGE-RATE>                                  1.000
<CASH>                                         846,268
<INT-BEARING-DEPOSITS>                       4,821,320
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  8,177,547
<INVESTMENTS-CARRYING>                         770,023
<INVESTMENTS-MARKET>                           782,948
<LOANS>                                     79,590,610
<ALLOWANCE>                                    422,376
<TOTAL-ASSETS>                              97,220,982
<DEPOSITS>                                  70,783,787
<SHORT-TERM>                                         0
<LIABILITIES-OTHER>                            894,963
<LONG-TERM>                                 18,054,180
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     1,358,123
<OTHER-SE>                                   6,129,929
<TOTAL-LIABILITIES-AND-EQUITY>              97,220,982
<INTEREST-LOAN>                              1,672,604
<INTEREST-INVEST>                              175,859
<INTEREST-OTHER>                                18,555
<INTEREST-TOTAL>                             1,867,018
<INTEREST-DEPOSIT>                             848,616
<INTEREST-EXPENSE>                           1,117,037
<INTEREST-INCOME-NET>                          749,981
<LOAN-LOSSES>                                   30,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                533,355
<INCOME-PRETAX>                                287,375
<INCOME-PRE-EXTRAORDINARY>                           0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   174,113
<EPS-PRIMARY>                                      .96
<EPS-DILUTED>                                      .96
<YIELD-ACTUAL>                                    8.41
<LOANS-NON>                                    534,070
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                534,070
<ALLOWANCE-OPEN>                               391,677
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                              422,376
<ALLOWANCE-DOMESTIC>                           422,376
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        422,376
        

</TABLE>