<TABLE> <S> <C>

<ARTICLE>                                            9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
CONSOLIDATED  FINANCIAL  STATEMENTS OF EAST TEXAS FINANCIAL  SERVICES,  INC., AT
DECEMBER  31,  1999,  AND IS  QUALIFIED  IN ITS  ENTIRETY BY  REFERENCE  TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              SEP-30-2000
<PERIOD-END>                                   DEC-31-1999
<CASH>                                                       1,163,131
<INT-BEARING-DEPOSITS>                                       2,937,708
<FED-FUNDS-SOLD>                                                     0
<TRADING-ASSETS>                                                     0
<INVESTMENTS-HELD-FOR-SALE>                                 43,730,502
<INVESTMENTS-CARRYING>                                      33,758,220
<INVESTMENTS-MARKET>                                        33,058,720
<LOANS>                                                     68,497,448
<ALLOWANCE>                                                    270,084
<TOTAL-ASSETS>                                             159,655,705
<DEPOSITS>                                                  86,336,003
<SHORT-TERM>                                                44,358,000
<LIABILITIES-OTHER>                                            751,982
<LONG-TERM>                                                 11,614,684
<PREFERRED-MANDATORY>                                                0
<PREFERRED>                                                          0
<COMMON>                                                        18,845
<OTHER-SE>                                                  16,576,191
<TOTAL-LIABILITIES-AND-EQUITY>                             159,655,705
<INTEREST-LOAN>                                              1,312,786
<INTEREST-INVEST>                                            1,309,241
<INTEREST-OTHER>                                                     0
<INTEREST-TOTAL>                                             2,622,027
<INTEREST-DEPOSIT>                                           1,021,580
<INTEREST-EXPENSE>                                           1,764,610
<INTEREST-INCOME-NET>                                          857,417
<LOAN-LOSSES>                                                        0
<SECURITIES-GAINS>                                                   0
<EXPENSE-OTHER>                                                768,090
<INCOME-PRETAX>                                                149,226
<INCOME-PRE-EXTRAORDINARY>                                     149,226
<EXTRAORDINARY>                                                      0
<CHANGES>                                                            0
<NET-INCOME>                                                    93,758
<EPS-BASIC>                                                       0.08
<EPS-DILUTED>                                                     0.08
<YIELD-ACTUAL>                                                    6.96
<LOANS-NON>                                                    293,000
<LOANS-PAST>                                                         0
<LOANS-TROUBLED>                                                     0
<LOANS-PROBLEM>                                                208,000
<ALLOWANCE-OPEN>                                               270,039
<CHARGE-OFFS>                                                        0
<RECOVERIES>                                                        45
<ALLOWANCE-CLOSE>                                              270,084
<ALLOWANCE-DOMESTIC>                                            60,319
<ALLOWANCE-FOREIGN>                                                  0
<ALLOWANCE-UNALLOCATED>                                        209,765



</TABLE>