WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  9
<PERIOD START>                               OCT-01-1998
<PERIOD-TYPE>                                3-MOS
<FISCAL-YEAR-END>                            SEP-30-1998
<PERIOD-END>                                 DEC-31-1998
<CASH>                                                     5,426,809
<INT-BEARING-DEPOSITS>                                     1,437,485
<FED-FUNDS-SOLD>                                           7,730,000
<TRADING-ASSETS>                                                   0
<INVESTMENTS-HELD-FOR-SALE>                                        0
<INVESTMENTS-CARRYING>                                    16,347,090
<INVESTMENTS-MARKET>                                      16,395,000
<LOANS>                                                  156,140,446
<ALLOWANCE>                                                  979,111
<TOTAL-ASSETS>                                           196,993,299
<DEPOSITS>                                               169,860,218
<SHORT-TERM>                                                       0
<LIABILITIES-OTHER>                                        2,372,478
<LONG-TERM>                                                8,600,000
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<PREFERRED>                                                        0
<COMMON>                                                   4,798,972
<OTHER-SE>                                                11,361,631
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<INTEREST-INVEST>                                            222,671
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<INTEREST-TOTAL>                                           3,948,914
<INTEREST-DEPOSIT>                                         1,933,177
<INTEREST-EXPENSE>                                         2,063,216
<INTEREST-INCOME-NET>                                      1,885,698
<LOAN-LOSSES>                                                     56
<SECURITIES-GAINS>                                                 0
<EXPENSE-OTHER>                                            1,611,333
<INCOME-PRETAX>                                              908,233
<INCOME-PRE-EXTRAORDINARY>                                   908,233
<EXTRAORDINARY>                                                    0
<CHANGES>                                                          0
<NET-INCOME>                                                 557,848
<EPS-PRIMARY>                                                   0.12
<EPS-DILUTED>                                                   0.12
<YIELD-ACTUAL>                                                  8.69
<LOANS-NON>                                                2,296,008    
<LOANS-PAST>                                                       0
<LOANS-TROUBLED>                                                   0
<LOANS-PROBLEM>                                                    0
<ALLOWANCE-OPEN>                                             968,632
<CHARGE-OFFS>                                                  6,467
<RECOVERIES>                                                   6,522
<ALLOWANCE-CLOSE>                                            979,111
<ALLOWANCE-DOMESTIC>                                               0
<ALLOWANCE-FOREIGN>                                                0
<ALLOWANCE-UNALLOCATED>                                      979,111

</TABLE>