<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 1,254,749 <INT-BEARING-DEPOSITS> 13,275,222 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 42,920,511 <INVESTMENTS-CARRYING> 31,870,684 <INVESTMENTS-MARKET> 39,028,601 <LOANS> 106,018,119 <ALLOWANCE> 1,502,149 <TOTAL-ASSETS> 204,944,436 <DEPOSITS> 148,457,790 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,189,431 <LONG-TERM> 16,109,072 <COMMON> 26,450 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 38,161,693 <TOTAL-LIABILITIES-AND-EQUITY> 204,944,436 <INTEREST-LOAN> 4,204,330 <INTEREST-INVEST> 2,394,271 <INTEREST-OTHER> 573,119 <INTEREST-TOTAL> 7,171,720 <INTEREST-DEPOSIT> 3,711,130 <INTEREST-EXPENSE> 4,077,408 <INTEREST-INCOME-NET> 3,094,312 <LOAN-LOSSES> 24,000 <SECURITIES-GAINS> 26,930 <EXPENSE-OTHER> 2,694,131 <INCOME-PRETAX> 714,981 <INCOME-PRE-EXTRAORDINARY> 714,981 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 469,277 <EPS-BASIC> 0.19 <EPS-DILUTED> 0.19 <YIELD-ACTUAL> 7.52 <LOANS-NON> 309,000 <LOANS-PAST> 105,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 2,288,000 <ALLOWANCE-OPEN> 1,497,696 <CHARGE-OFFS> 19,547 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,502,149 <ALLOWANCE-DOMESTIC> 1,502,149 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0