<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,292,590 <INT-BEARING-DEPOSITS> 4,017,801 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 4,846,038 <INVESTMENTS-MARKET> 4,859,044 <LOANS> 25,169,284 <ALLOWANCE> 145,628 <TOTAL-ASSETS> 37,244,261 <DEPOSITS> 30,811,358 <SHORT-TERM> 1,010,287 <LIABILITIES-OTHER> 25,573 <LONG-TERM> 0 <COMMON> 3,703 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 5,393,340 <TOTAL-LIABILITIES-AND-EQUITY> 37,244,261 <INTEREST-LOAN> 511,354 <INTEREST-INVEST> 81,652 <INTEREST-OTHER> 28,322 <INTEREST-TOTAL> 621,328 <INTEREST-DEPOSIT> 387,756 <INTEREST-EXPENSE> 401,021 <INTEREST-INCOME-NET> 220,307 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 214,937 <INCOME-PRETAX> 47,795 <INCOME-PRE-EXTRAORDINARY> 47,795 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 47,795 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 2.58 <LOANS-NON> 655,274 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 149,795 <CHARGE-OFFS> 4,167 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 145,628 <ALLOWANCE-DOMESTIC> 5,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 140,628