<TABLE> <S> <C>


<ARTICLE>                                            9

<LEGEND>
     THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  DERIVED FROM THE
     QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
     TO SUCH FINANCIAL INFORMATION.
</LEGEND>

<MULTIPLIER>                                   1
       
<S>                                            <C>
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              JUL-31-1999
<PERIOD-END>                                   OCT-31-1998
<CASH>                                          15,112,573
<INT-BEARING-DEPOSITS>                                   0
<FED-FUNDS-SOLD>                                27,000,000
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                     22,478,828
<INVESTMENTS-CARRYING>                         188,449,961
<INVESTMENTS-MARKET>                           190,237,881
<LOANS>                                        291,277,935
<ALLOWANCE>                                      4,624,856
<TOTAL-ASSETS>                                 572,871,865
<DEPOSITS>                                     453,769,251
<SHORT-TERM>                                    64,251,091
<LIABILITIES-OTHER>                              6,359,697
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                        12,883,008
<OTHER-SE>                                      35,608,818
<TOTAL-LIABILITIES-AND-EQUITY>                 572,871,865
<INTEREST-LOAN>                                  6,191,036
<INTEREST-INVEST>                                3,821,898
<INTEREST-OTHER>                                         0
<INTEREST-TOTAL>                                10,012,934
<INTEREST-DEPOSIT>                               4,279,952
<INTEREST-EXPENSE>                               5,339,858
<INTEREST-INCOME-NET>                            4,673,076
<LOAN-LOSSES>                                      225,000
<SECURITIES-GAINS>                               3,300,850
<EXPENSE-OTHER>                                  3,429,833
<INCOME-PRETAX>                                  5,105,719
<INCOME-PRE-EXTRAORDINARY>                       3,195,719
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                     3,195,719
<EPS-PRIMARY>                                          .77
<EPS-DILUTED>                                          .72
<YIELD-ACTUAL>                                        3.11
<LOANS-NON>                                      3,426,646
<LOANS-PAST>                                     3,426,646
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                 4,477,623
<CHARGE-OFFS>                                      112,574
<RECOVERIES>                                        34,809
<ALLOWANCE-CLOSE>                                4,624,856
<ALLOWANCE-DOMESTIC>                             4,624,856
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        


</TABLE>