<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 1,078 <INT-BEARING-DEPOSITS> 20 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 10,320 <INVESTMENTS-CARRYING> 10 <INVESTMENTS-MARKET> 10 <LOANS> 111,589 <ALLOWANCE> 433 <TOTAL-ASSETS> 128,838 <DEPOSITS> 90,945 <SHORT-TERM> 23,000 <LIABILITIES-OTHER> 2,321 <LONG-TERM> 3,735 <COMMON> 7 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 8,830 <TOTAL-LIABILITIES-AND-EQUITY> 128,838 <INTEREST-LOAN> 2,272 <INTEREST-INVEST> 151 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 2,423 <INTEREST-DEPOSIT> 1,154 <INTEREST-EXPENSE> 1,442 <INTEREST-INCOME-NET> 981 <LOAN-LOSSES> 149 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 691 <INCOME-PRETAX> 461 <INCOME-PRE-EXTRAORDINARY> 461 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 291 <EPS-PRIMARY> 0.429 <EPS-DILUTED> 0.429 <YIELD-ACTUAL> 3.16 <LOANS-NON> 1,112 <LOANS-PAST> 296 <LOANS-TROUBLED> 13 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 306 <CHARGE-OFFS> 42 <RECOVERIES> 20 <ALLOWANCE-CLOSE> 433 <ALLOWANCE-DOMESTIC> 433 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0