<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
         THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S  CONSOLIDATED  FINANCIAL  STATEMENTS  FOR THE TWELVE  MONTHS  ENDED
SEPTEMBER  30,  1997 AND IS  QUALIFIED  IN ITS  ENTIRETY  BY  REFERENCE  TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                         0000916396
<NAME>                        MFB CORP.
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S.DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              SEP-30-1997
<PERIOD-START>                                 OCT-1-1996
<PERIOD-END>                                   SEP-30-1997
<EXCHANGE-RATE>                                1.000
<CASH>                                                  9,482
<INT-BEARING-DEPOSITS>                                      0
<FED-FUNDS-SOLD>                                            0
<TRADING-ASSETS>                                            0
<INVESTMENTS-HELD-FOR-SALE>                                 0
<INVESTMENTS-CARRYING>                                  2,400
<INVESTMENTS-MARKET>                                   39,628
<LOANS>                                               201,305
<ALLOWANCE>                                               370
<TOTAL-ASSETS>                                        255,921
<DEPOSITS>                                            171,887
<SHORT-TERM>                                              389
<LIABILITIES-OTHER>                                     2,595
<LONG-TERM>                                            47,500
<COMMON>                                                    0
<PREFERRED-MANDATORY>                                  13,108
<PREFERRED>                                                 0
<OTHER-SE>                                             20,442
<TOTAL-LIABILITIES-AND-EQUITY>                        225,921
<INTEREST-LOAN>                                        13,897
<INTEREST-INVEST>                                       3,692
<INTEREST-OTHER>                                           96
<INTEREST-TOTAL>                                       17,685
<INTEREST-DEPOSIT>                                      8,181
<INTEREST-EXPENSE>                                     10,157
<INTEREST-INCOME-NET>                                   7,528
<LOAN-LOSSES>                                              30
<SECURITIES-GAINS>                                          6
<EXPENSE-OTHER>                                         4,599
<INCOME-PRETAX>                                         3,324
<INCOME-PRE-EXTRAORDINARY>                              3,324
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                            2,002
<EPS-PRIMARY>                                            1.16
<EPS-DILUTED>                                            1.14
<YIELD-ACTUAL>                                           3.24
<LOANS-NON>                                                 0
<LOANS-PAST>                                              261
<LOANS-TROUBLED>                                            0
<LOANS-PROBLEM>                                             0
<ALLOWANCE-OPEN>                                          340
<CHARGE-OFFS>                                               0
<RECOVERIES>                                                0
<ALLOWANCE-CLOSE>                                         370
<ALLOWANCE-DOMESTIC>                                      345
<ALLOWANCE-FOREIGN>                                         0
<ALLOWANCE-UNALLOCATED>                                    25
        



</TABLE>