<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 5,014,345 <INT-BEARING-DEPOSITS> 135,018,409 <FED-FUNDS-SOLD> 100,000 <TRADING-ASSETS> 1,085,200 <INVESTMENTS-HELD-FOR-SALE> 26,050,140 <INVESTMENTS-CARRYING> 18,816,974 <INVESTMENTS-MARKET> 18,689,341 <LOANS> 110,632,365 <ALLOWANCE> 846,095 <TOTAL-ASSETS> 165,548,869 <DEPOSITS> 137,401,924 <SHORT-TERM> 8,500,000 <LIABILITIES-OTHER> 1,119,177 <LONG-TERM> 691,769 <COMMON> 1,285,673 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 16,012,308 <TOTAL-LIABILITIES-AND-EQUITY> 165,548,869 <INTEREST-LOAN> 2,385,871 <INTEREST-INVEST> 733,025 <INTEREST-OTHER> 49,168 <INTEREST-TOTAL> 3,168,114 <INTEREST-DEPOSIT> 1,650,670 <INTEREST-EXPENSE> 1,787,794 <INTEREST-INCOME-NET> 1,380,320 <LOAN-LOSSES> 67,972 <SECURITIES-GAINS> 39,793 <EXPENSE-OTHER> 938,085 <INCOME-PRETAX> 546,742 <INCOME-PRE-EXTRAORDINARY> 546,742 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 338,977 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0.30 <YIELD-ACTUAL> 3.71 <LOANS-NON> 0 <LOANS-PAST> 377,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1,600,000 <ALLOWANCE-OPEN> 710,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 846,000 <ALLOWANCE-DOMESTIC> 846,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 476,000