HORIZON FINANCIAL CORP
10-K405, EX-27, 2000-06-28
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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<TABLE> <S> <C>

<ARTICLE> 9

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                        16043055
<INT-BEARING-DEPOSITS>                         3960522
<FED-FUNDS-SOLD>                                     0
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<INVESTMENTS-MARKET>                           8991246
<LOANS>                                      589583539
<ALLOWANCE>                                    4757152
<TOTAL-ASSETS>                               713914043
<DEPOSITS>                                   564327085
<SHORT-TERM>                                  37853000
<LIABILITIES-OTHER>                           13798967
<LONG-TERM>                                    2000000
                                0
                                          0
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<INTEREST-LOAN>                               43881883
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<INTEREST-TOTAL>                              49947277
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<INTEREST-INCOME-NET>                         23690385
<LOAN-LOSSES>                                   437234
<SECURITIES-GAINS>                              185018
<EXPENSE-OTHER>                               13243789
<INCOME-PRETAX>                               12860551
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<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   8680511
<EPS-BASIC>                                       1.02
<EPS-DILUTED>                                     1.01
<YIELD-ACTUAL>                                    7.73
<LOANS-NON>                                     455000
<LOANS-PAST>                                    456729
<LOANS-TROUBLED>                                     0
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<ALLOWANCE-OPEN>                               4463305
<CHARGE-OFFS>                                 (143387)
<RECOVERIES>                                         0
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<ALLOWANCE-DOMESTIC>                           1238883
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        3518269


</TABLE>


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