<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  DERIVED FROM THE
     ANNUAL REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
     SUCH FINANCIAL INFORMATION.
</LEGEND>

<MULTIPLIER>                                   1
       
<S>                                            <C>
<PERIOD-TYPE>                                  12-MOS
<FISCAL-YEAR-END>                              JUL-31-1998
<PERIOD-END>                                   JUL-31-1998
<CASH>                                           8,772,953
<INT-BEARING-DEPOSITS>                                   0
<FED-FUNDS-SOLD>                                39,900,000
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                     37,866,893
<INVESTMENTS-CARRYING>                         190,227,429
<INVESTMENTS-MARKET>                                     0
<LOANS>                                        291,346,585  
<ALLOWANCE>                                      4,477,623
<TOTAL-ASSETS>                                 593,855,835
<DEPOSITS>                                     456,879,600
<SHORT-TERM>                                    73,710,789
<LIABILITIES-OTHER>                              6,658,297
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                        12,883,008
<OTHER-SE>                                      43,724,141
<TOTAL-LIABILITIES-AND-EQUITY>                 593,855,835
<INTEREST-LOAN>                                 22,350,877
<INTEREST-INVEST>                               15,026,711
<INTEREST-OTHER>                                         0 
<INTEREST-TOTAL>                                37,377,588
<INTEREST-DEPOSIT>                              15,335,400
<INTEREST-EXPENSE>                              19,802,205
<INTEREST-INCOME-NET>                           17,575,383
<LOAN-LOSSES>                                    1,500,217 
<SECURITIES-GAINS>                               8,191,405
<EXPENSE-OTHER>                                 12,851,602
<INCOME-PRETAX>                                 15,035,084
<INCOME-PRE-EXTRAORDINARY>                       9,444,931
<EXTRAORDINARY>                                          0
<CHANGES>                                                0 
<NET-INCOME>                                     9,444,931
<EPS-PRIMARY>                                         2.51 
<EPS-DILUTED>                                         2.28
<YIELD-ACTUAL>                                        3.03 
<LOANS-NON>                                      2,793,522
<LOANS-PAST>                                     2,793,522
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                          0
<ALLOWANCE-OPEN>                                 3,411,462
<CHARGE-OFFS>                                      986,510 
<RECOVERIES>                                       125,955 
<ALLOWANCE-CLOSE>                                4,477,623
<ALLOWANCE-DOMESTIC>                             4,477,623
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        


</TABLE>