<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> JUN-30-1998 <CASH> 6,821,574 <INT-BEARING-DEPOSITS> 5,330,392 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 50,000 <INVESTMENTS-HELD-FOR-SALE> 13,608,823 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 282,030,950 <ALLOWANCE> 2,978,000 <TOTAL-ASSETS> 322,532,594 <DEPOSITS> 184,024,097 <SHORT-TERM> 49,256,590 <LIABILITIES-OTHER> 2,730,369 <LONG-TERM> 61,382,011 <PREFERRED-MANDATORY> 0 <PREFERRED> 999,988 <COMMON> 2,614,285 <OTHER-SE> 21,525,254 <TOTAL-LIABILITIES-AND-EQUITY> 322,532,594 <INTEREST-LOAN> 21,988,864 <INTEREST-INVEST> 1,461,024 <INTEREST-OTHER> 833,123 <INTEREST-TOTAL> 24,283,011 <INTEREST-DEPOSIT> 7,586,717 <INTEREST-EXPENSE> 12,810,071 <INTEREST-INCOME-NET> 11,472,940 <LOAN-LOSSES> 706,100 <SECURITIES-GAINS> 287,513 <EXPENSE-OTHER> 9,731,717 <INCOME-PRETAX> 3,706,654 <INCOME-PRE-EXTRAORDINARY> 3,706,654 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,403,784 <EPS-PRIMARY> 1.00 <EPS-DILUTED> 0.86 <YIELD-ACTUAL> 3.736 <LOANS-NON> 2,248,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 186,311 <LOANS-PROBLEM> 100,000 <ALLOWANCE-OPEN> 2,741,809 <CHARGE-OFFS> 785,111 <RECOVERIES> 315,202 <ALLOWANCE-CLOSE> 2,978,000 <ALLOWANCE-DOMESTIC> 251,474 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,726,526