<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 441 <INT-BEARING-DEPOSITS> 605 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 6,609 <INVESTMENTS-CARRYING> 27,685 <INVESTMENTS-MARKET> 27,555 <LOANS> 49,320 <ALLOWANCE> 380 <TOTAL-ASSETS> 88,089 <DEPOSITS> 54,751 <SHORT-TERM> 0 <LIABILITIES-OTHER> 866 <LONG-TERM> 17,761 <COMMON> 14 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 14,697 <TOTAL-LIABILITIES-AND-EQUITY> 88,089 <INTEREST-LOAN> 1,024 <INTEREST-INVEST> 561 <INTEREST-OTHER> 25 <INTEREST-TOTAL> 1,610 <INTEREST-DEPOSIT> 612 <INTEREST-EXPENSE> 871 <INTEREST-INCOME-NET> 739 <LOAN-LOSSES> 8 <SECURITIES-GAINS> 11 <EXPENSE-OTHER> 395 <INCOME-PRETAX> 391 <INCOME-PRE-EXTRAORDINARY> 391 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 267 <EPS-PRIMARY> .22 <EPS-DILUTED> .22 <YIELD-ACTUAL> 2.84 <LOANS-NON> 34 <LOANS-PAST> 49 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 372 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 380 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 380