<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> JUN-30-1997 <CASH> 5,152,222 <INT-BEARING-DEPOSITS> 10,509,021 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 25,000 <INVESTMENTS-HELD-FOR-SALE> 27,096,931 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 206,356,137 <ALLOWANCE> 2,517,000 <TOTAL-ASSETS> 261,799,706 <DEPOSITS> 154,410,687 <SHORT-TERM> 59,604,178 <LIABILITIES-OTHER> 2,097,812 <LONG-TERM> 25,786,416 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,999,980 <COMMON> 1,274,969 <OTHER-SE> 16,625,664 <TOTAL-LIABILITIES-AND-EQUITY> 261,799,706 <INTEREST-LOAN> 17,225,937 <INTEREST-INVEST> 2,164,531 <INTEREST-OTHER> 638,672 <INTEREST-TOTAL> 20,029,140 <INTEREST-DEPOSIT> 6,354,803 <INTEREST-EXPENSE> 10,500,096 <INTEREST-INCOME-NET> 9,529,044 <LOAN-LOSSES> 578,427 <SECURITIES-GAINS> 259,430 <EXPENSE-OTHER> 8,547,773 <INCOME-PRETAX> 2,414,700 <INCOME-PRE-EXTRAORDINARY> 2,414,700 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,507,103 <EPS-PRIMARY> 1.03 <EPS-DILUTED> 0.96 <YIELD-ACTUAL> 3.902 <LOANS-NON> 2,424,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 217,492 <LOANS-PROBLEM> 586,000 <ALLOWANCE-OPEN> 2,549,000 <CHARGE-OFFS> 739,969 <RECOVERIES> 129,542 <ALLOWANCE-CLOSE> 2,517,000 <ALLOWANCE-DOMESTIC> 369,474 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,147,526