<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 11,772 <INT-BEARING-DEPOSITS> 439 <FED-FUNDS-SOLD> 135,440 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 36,104 <INVESTMENTS-CARRYING> 49,765 <INVESTMENTS-MARKET> 50,091 <LOANS> 470,295 <ALLOWANCE> 3,695 <TOTAL-ASSETS> 718,628 <DEPOSITS> 520,543 <SHORT-TERM> 0 <LIABILITIES-OTHER> 11,891 <LONG-TERM> 49,478 <COMMON> 95 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 136,621 <TOTAL-LIABILITIES-AND-EQUITY> 718,628 <INTEREST-LOAN> 17,390 <INTEREST-INVEST> 2,814 <INTEREST-OTHER> 468 <INTEREST-TOTAL> 20,672 <INTEREST-DEPOSIT> 9,386 <INTEREST-EXPENSE> 10,745 <INTEREST-INCOME-NET> 9,927 <LOAN-LOSSES> 360 <SECURITIES-GAINS> 2 <EXPENSE-OTHER> 12,421 <INCOME-PRETAX> (1,379) <INCOME-PRE-EXTRAORDINARY> (855) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (855) <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 3.61 <LOANS-NON> 3,803 <LOANS-PAST> 3 <LOANS-TROUBLED> 1,335 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,533 <CHARGE-OFFS> 350 <RECOVERIES> 152 <ALLOWANCE-CLOSE> 3,695 <ALLOWANCE-DOMESTIC> 3,102 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 593