<TABLE> <S> <C>

<ARTICLE>                                            9
<LEGEND>
The schedule contains summary financial information extracted from the Annual
Report on Form 10-K for the fiscal year ended September 30, 1996 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK>                         0000889134
<NAME>                        MID-IOWA FINANCIAL CORP.
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. Dollars
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              Sep-30-1996
<PERIOD-START>                                 Oct-01-1995          
<PERIOD-END>                                   Sep-30-1996
<EXCHANGE-RATE>                                      1.000       
<CASH>                                             435,177
<INT-BEARING-DEPOSITS>                             810,165
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                      4,974,408
<INVESTMENTS-CARRYING>                          44,231,879
<INVESTMENTS-MARKET>                            44,203,941
<LOANS>                                         62,122,871
<ALLOWANCE>                                        273,819
<TOTAL-ASSETS>                                 115,804,045
<DEPOSITS>                                      82,871,963
<SHORT-TERM>                                    11,500,000
<LIABILITIES-OTHER>                              1,830,960
<LONG-TERM>                                      9,000,000
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                         3,159,992
<OTHER-SE>                                       7,441,130
<TOTAL-LIABILITIES-AND-EQUITY>                 115,804,045
<INTEREST-LOAN>                                  4,880,247
<INTEREST-INVEST>                                3,091,414
<INTEREST-OTHER>                                   255,898
<INTEREST-TOTAL>                                 8,227,559
<INTEREST-DEPOSIT>                               3,710,324
<INTEREST-EXPENSE>                               1,229,114
<INTEREST-INCOME-NET>                            3,288,121
<LOAN-LOSSES>                                       36,000
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                  3,115,273
<INCOME-PRETAX>                                  1,235,795
<INCOME-PRE-EXTRAORDINARY>                       1,235,795
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                       824,574
<EPS-PRIMARY>                                         0.47
<EPS-DILUTED>                                         0.47
<YIELD-ACTUAL>                                        7.62
<LOANS-NON>                                        151,107
<LOANS-PAST>                                             0
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                    164,751
<ALLOWANCE-OPEN>                                   248,028
<CHARGE-OFFS>                                       19,390
<RECOVERIES>                                         9,181
<ALLOWANCE-CLOSE>                                  273,819
<ALLOWANCE-DOMESTIC>                               273,819
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        





</TABLE>