<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
         THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S  UNAUDITED  CONSOLIDATED  FINANCIAL STATEMENTS FOR THE THREE MONTHS
ENDED  DECEMBER  31, 1996 AND IS  QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.

</LEGEND>
<CIK>                         0000876621
<NAME>                        Shelby County Bancorp
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. Dollars
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              Sep-30-1997
<PERIOD-START>                                 Oct-1-1996
<PERIOD-END>                                   Dec-31-1996
<EXCHANGE-RATE>                                1.000
<CASH>                                         955,111
<INT-BEARING-DEPOSITS>                         4,137,503
<FED-FUNDS-SOLD>                               0
<TRADING-ASSETS>                               0
<INVESTMENTS-HELD-FOR-SALE>                    7,426,158
<INVESTMENTS-CARRYING>                         1,215,871
<INVESTMENTS-MARKET>                           1,220,976
<LOANS>                                        69,578,902
<ALLOWANCE>                                    348,900
<TOTAL-ASSETS>                                 86,107,567
<DEPOSITS>                                     64,287,888
<SHORT-TERM>                                   0
<LIABILITIES-OTHER>                            637,751
<LONG-TERM>                                    14,568,001
<COMMON>                                       1,358,123
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<OTHER-SE>                                     5,255,804
<TOTAL-LIABILITIES-AND-EQUITY>                 64,287,888
<INTEREST-LOAN>                                1,439,242
<INTEREST-INVEST>                              151,042
<INTEREST-OTHER>                               12,236
<INTEREST-TOTAL>                               1,602,520
<INTEREST-DEPOSIT>                             758,008
<INTEREST-EXPENSE>                             903,610
<INTEREST-INCOME-NET>                          698,910
<LOAN-LOSSES>                                  23,000
<SECURITIES-GAINS>                             0
<EXPENSE-OTHER>                                544,834
<INCOME-PRETAX>                                215,930
<INCOME-PRE-EXTRAORDINARY>                     128,928
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   128,928
<EPS-PRIMARY>                                  .73
<EPS-DILUTED>                                  .73
<YIELD-ACTUAL>                                 7.99
<LOANS-NON>                                    245,000
<LOANS-PAST>                                   0
<LOANS-TROUBLED>                               0
<LOANS-PROBLEM>                                245,000
<ALLOWANCE-OPEN>                               325,900
<CHARGE-OFFS>                                  0
<RECOVERIES>                                   0
<ALLOWANCE-CLOSE>                              348,900
<ALLOWANCE-DOMESTIC>                           348,900
<ALLOWANCE-FOREIGN>                            0
<ALLOWANCE-UNALLOCATED>                        348,900
        


</TABLE>