<TABLE> <S> <C>



<ARTICLE>                                            9
<LEGEND>
     This schedule  contains  summary  financial  information extracted 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>                                  YEAR
<FISCAL-YEAR-END>                              SEP-30-1997
<PERIOD-END>                                   SEP-30-1997
<CASH>                                           3,550,908
<INT-BEARING-DEPOSITS>                                   0  
<FED-FUNDS-SOLD>                                11,925,000
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                    114,135,290
<INVESTMENTS-CARRYING>                         259,315,410
<INVESTMENTS-MARKET>                           260,032,836
<LOANS>                                        127,310,525
<ALLOWANCE>                                      2,357,396
<TOTAL-ASSETS>                                 526,015,709
<DEPOSITS>                                     411,020,719
<SHORT-TERM>                                    67,675,000
<LIABILITIES-OTHER>                              4,113,431
<LONG-TERM>                                              0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                         4,142,628
<OTHER-SE>                                      39,063,931
<TOTAL-LIABILITIES-AND-EQUITY>                 526,015,709
<INTEREST-LOAN>                                 11,012,919
<INTEREST-INVEST>                               24,272,355
<INTEREST-OTHER>                                   733,708
<INTEREST-TOTAL>                                36,018,982
<INTEREST-DEPOSIT>                              18,658,276
<INTEREST-EXPENSE>                              22,375,034
<INTEREST-INCOME-NET>                           13,643,672
<LOAN-LOSSES>                                            0
<SECURITIES-GAINS>                                       0
<EXPENSE-OTHER>                                  5,274,782
<INCOME-PRETAX>                                  8,879,414
<INCOME-PRE-EXTRAORDINARY>                       8,879,414
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                     5,675,159
<EPS-PRIMARY>                                         1.80
<EPS-DILUTED>                                         1.80
<YIELD-ACTUAL>                                        1.10
<LOANS-NON>                                        721,536
<LOANS-PAST>                                       999,000
<LOANS-TROUBLED>                                 2,103,000
<LOANS-PROBLEM>                                  7,572,000
<ALLOWANCE-OPEN>                                 2,458,777
<CHARGE-OFFS>                                      101,381
<RECOVERIES>                                             0
<ALLOWANCE-CLOSE>                                2,357,396
<ALLOWANCE-DOMESTIC>                             2,357,396
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        


</TABLE>