<ARTICLE> 9 <MULTIPLIER> 1000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 99 <INT-BEARING-DEPOSITS> 3,572 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 5,400 <INVESTMENTS-MARKET> 5,286 <LOANS> 24,760 <ALLOWANCE> 6 <TOTAL-ASSETS> 34,675 <DEPOSITS> 26,515 <SHORT-TERM> 71 <LIABILITIES-OTHER> 687 <LONG-TERM> 737 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 463 <OTHER-SE> 6,202 <TOTAL-LIABILITIES-AND-EQUITY> 34,675 <INTEREST-LOAN> 485 <INTEREST-INVEST> 90 <INTEREST-OTHER> 31 <INTEREST-TOTAL> 605 <INTEREST-DEPOSIT> 379 <INTEREST-EXPENSE> 390 <INTEREST-INCOME-NET> 215 <LOAN-LOSSES> 6 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 369 <INCOME-PRETAX> (146) <INCOME-PRE-EXTRAORDINARY> (99) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (99) <EPS-PRIMARY> 0.23 <EPS-DILUTED> 0.23 <YIELD-ACTUAL> 7.66 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 111 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 117 <ALLOWANCE-DOMESTIC> 117 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0