<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 1,287,715 <INT-BEARING-DEPOSITS> 14,675,405 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 33,852,100 <INVESTMENTS-CARRYING> 37,471,436 <INVESTMENTS-MARKET> 39,028,601 <LOANS> 103,749,961 <ALLOWANCE> 1,492,473 <TOTAL-ASSETS> 199,838,247 <DEPOSITS> 148,454,721 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,547,744 <LONG-TERM> 10,000,000 <COMMON> 26,450 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 38,173,965 <TOTAL-LIABILITIES-AND-EQUITY> 199,838,247 <INTEREST-LOAN> 2,113,234 <INTEREST-INVEST> 1,224,357 <INTEREST-OTHER> 287,458 <INTEREST-TOTAL> 3,625,049 <INTEREST-DEPOSIT> 1,868,470 <INTEREST-EXPENSE> 2,031,832 <INTEREST-INCOME-NET> 1,593,217 <LOAN-LOSSES> 19,549 <SECURITIES-GAINS> 15,107 <EXPENSE-OTHER> 1,226,993 <INCOME-PRETAX> 500,547 <INCOME-PRE-EXTRAORDINARY> 500,547 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 328,129 <EPS-BASIC> .13 <EPS-DILUTED> .13 <YIELD-ACTUAL> 7.45 <LOANS-NON> 166,000 <LOANS-PAST> 852,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 2,570,000 <ALLOWANCE-OPEN> 1,492,473 <CHARGE-OFFS> 14,326 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,497,696 <ALLOWANCE-DOMESTIC> 1,497,696 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0