<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 642,273 <INT-BEARING-DEPOSITS> 691,000 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 5,189,826 <INVESTMENTS-MARKET> 5,951,010 <LOANS> 25,181,835 <ALLOWANCE> 150 <TOTAL-ASSETS> 33,750,091 <DEPOSITS> 30,340,991 <SHORT-TERM> 814,337 <LIABILITIES-OTHER> 316,996 <LONG-TERM> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,277,767 <TOTAL-LIABILITIES-AND-EQUITY> 33,750,901 <INTEREST-LOAN> 493,331 <INTEREST-INVEST> 13,074 <INTEREST-OTHER> 97,766 <INTEREST-TOTAL> 604,171 <INTEREST-DEPOSIT> 395,757 <INTEREST-EXPENSE> 405,791 <INTEREST-INCOME-NET> 198,380 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 225,906 <INCOME-PRETAX> 19,596 <INCOME-PRE-EXTRAORDINARY> 19,596 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 19,596 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 2.33 <LOANS-NON> 657,429 <LOANS-PAST> 61,171 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 150 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 150 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 150