<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-31-1998
<PERIOD-END>                                   JAN-31-1998
<CASH>                                           7,847,566   
<INT-BEARING-DEPOSITS>                                   0
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                     74,975,484
<INVESTMENTS-CARRYING>                         130,574,529
<INVESTMENTS-MARKET>                           130,578,721
<LOANS>                                        242,274,535
<ALLOWANCE>                                      3,442,770
<TOTAL-ASSETS>                                 472,691,172
<DEPOSITS>                                     360,659,272
<SHORT-TERM>                                    60,626,595
<LIABILITIES-OTHER>                              5,780,251
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                        12,883,008
<OTHER-SE>                                      32,742,046
<TOTAL-LIABILITIES-AND-EQUITY>                 472,691,172
<INTEREST-LOAN>                                  5,149,819
<INTEREST-INVEST>                                3,533,196
<INTEREST-OTHER>                                         0
<INTEREST-TOTAL>                                 8,683,015
<INTEREST-DEPOSIT>                               3,526,121
<INTEREST-EXPENSE>                               4,663,204
<INTEREST-INCOME-NET>                            4,019,811
<LOAN-LOSSES>                                      300,298
<SECURITIES-GAINS>                               2,425,072
<EXPENSE-OTHER>                                  3,027,412
<INCOME-PRETAX>                                  4,063,548
<INCOME-PRE-EXTRAORDINARY>                       4,063,548
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                     2,548,080
<EPS-PRIMARY>                                          .75<F1>
<EPS-DILUTED>                                          .63
<YIELD-ACTUAL>                                        3.22
<LOANS-NON>                                      4,207,659
<LOANS-PAST>                                     4,207,659
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                 3,539,703
<CHARGE-OFFS>                                      404,289
<RECOVERIES>                                         7,058
<ALLOWANCE-CLOSE>                                3,442,770
<ALLOWANCE-DOMESTIC>                             3,442,770
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        

<FN>
<F1> BASIC EARNINGS PER SHARE
</FN>


</TABLE>