<ARTICLE> 9 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> JUN-30-1997 <CASH> 8,694,283 <INT-BEARING-DEPOSITS> 481,430 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 5,192,323 <INVESTMENTS-CARRYING> 17,484,427 <INVESTMENTS-MARKET> 17,800,023 <LOANS> 327,791,495 <ALLOWANCE> 1,714,512 <TOTAL-ASSETS> 377,380,353 <DEPOSITS> 281,342,174 <SHORT-TERM> 41,514,194 <LIABILITIES-OTHER> 2,859,235 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,170,003 <OTHER-SE> 47,494,747 <TOTAL-LIABILITIES-AND-EQUITY> 377,380,353 <INTEREST-LOAN> 26,944,715 <INTEREST-INVEST> 1,837,661 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 28,782,376 <INTEREST-DEPOSIT> 12,069,782 <INTEREST-EXPENSE> 14,375,507 <INTEREST-INCOME-NET> 14,406,869 <LOAN-LOSSES> 200,000 <SECURITIES-GAINS> 316,927 <EXPENSE-OTHER> 9,471,934 <INCOME-PRETAX> 7,202,954 <INCOME-PRE-EXTRAORDINARY> 7,202,954 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,774,062 <EPS-PRIMARY> 1.14 <EPS-DILUTED> 1.14 <YIELD-ACTUAL> 8.30 <LOANS-NON> 0 <LOANS-PAST> 1,540,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,739,000 <ALLOWANCE-OPEN> 1,612,627 <CHARGE-OFFS> 131,132 <RECOVERIES> 33,017 <ALLOWANCE-CLOSE> 1,714,512 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,714,512