<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 2,127 <INT-BEARING-DEPOSITS> 1,354 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 9,958 <INVESTMENTS-CARRYING> 7 <INVESTMENTS-MARKET> 7 <LOANS> 117,730 <ALLOWANCE> 401 <TOTAL-ASSETS> 136,359 <DEPOSITS> 91,365 <SHORT-TERM> 31,000 <LIABILITIES-OTHER> 1,107 <LONG-TERM> 3,732 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 7 <OTHER-SE> 9,148 <TOTAL-LIABILITIES-AND-EQUITY> 136,359 <INTEREST-LOAN> 4,831 <INTEREST-INVEST> 292 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 5,123 <INTEREST-DEPOSIT> 2,281 <INTEREST-EXPENSE> 3,042 <INTEREST-INCOME-NET> 2,081 <LOAN-LOSSES> 285 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,432 <INCOME-PRETAX> 907 <INCOME-PRE-EXTRAORDINARY> 907 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 566 <EPS-PRIMARY> 0.960 <EPS-DILUTED> 0.960 <YIELD-ACTUAL> 3.30 <LOANS-NON> 1,064 <LOANS-PAST> 345 <LOANS-TROUBLED> 343 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 433 <CHARGE-OFFS> 170 <RECOVERIES> 2 <ALLOWANCE-CLOSE> 401 <ALLOWANCE-DOMESTIC> 401 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0