<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 387,881 <INT-BEARING-DEPOSITS> 1,261,486 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 14,449,187 <INVESTMENTS-MARKET> 14,761,606 <LOANS> 26,031,454 <ALLOWANCE> 188,869 <TOTAL-ASSETS> 46,670,398 <DEPOSITS> 34,092,232 <SHORT-TERM> 400,000 <LIABILITIES-OTHER> 261,568 <LONG-TERM> 6,032,363 <COMMON> 3,703 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 5,380,532 <TOTAL-LIABILITIES-AND-EQUITY> 46,670,398 <INTEREST-LOAN> 523,349 <INTEREST-INVEST> 187,009 <INTEREST-OTHER> 61,189 <INTEREST-TOTAL> 771,547 <INTEREST-DEPOSIT> 425,317 <INTEREST-EXPENSE> 491,623 <INTEREST-INCOME-NET> 279,924 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 232,963 <INCOME-PRETAX> 87,901 <INCOME-PRE-EXTRAORDINARY> 58,001 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 58,001 <EPS-PRIMARY> 0.17 <EPS-DILUTED> 0.17 <YIELD-ACTUAL> 2.23 <LOANS-NON> 39,238 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 188,869 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 188,869 <ALLOWANCE-DOMESTIC> 5,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 183,869