<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> SEP-30-1998 <CASH> 4,916,299 <INT-BEARING-DEPOSITS> 6,317,017 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 12,486,127 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 290,056,925 <ALLOWANCE> 2,870,000 <TOTAL-ASSETS> 328,661,073 <DEPOSITS> 195,394,972 <SHORT-TERM> 42,337,805 <LIABILITIES-OTHER> 2,104,371 <LONG-TERM> 63,115,023 <PREFERRED-MANDATORY> 0 <PREFERRED> 999,988 <COMMON> 2,618,384 <OTHER-SE> 22,090,530 <TOTAL-LIABILITIES-AND-EQUITY> 328,661,073 <INTEREST-LOAN> 6,309,260 <INTEREST-INVEST> 194,387 <INTEREST-OTHER> 211,509 <INTEREST-TOTAL> 6,715,156 <INTEREST-DEPOSIT> 2,129,744 <INTEREST-EXPENSE> 3,619,566 <INTEREST-INCOME-NET> 3,095,590 <LOAN-LOSSES> 204,931 <SECURITIES-GAINS> 10,791 <EXPENSE-OTHER> 2,402,657 <INCOME-PRETAX> 994,523 <INCOME-PRE-EXTRAORDINARY> 994,523 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 636,037 <EPS-PRIMARY> 0.24 <EPS-DILUTED> 0.23 <YIELD-ACTUAL> 3.931 <LOANS-NON> 1,771,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 185,294 <LOANS-PROBLEM> 982,905 <ALLOWANCE-OPEN> 2,978,000 <CHARGE-OFFS> 338,454 <RECOVERIES> 25,523 <ALLOWANCE-CLOSE> 2,870,000 <ALLOWANCE-DOMESTIC> 342,474 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 2,527,526