<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> SEP-30-1996 <CASH> 2968 <INT-BEARING-DEPOSITS> 9148 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 33157 <INVESTMENTS-CARRYING> 27033 <INVESTMENTS-MARKET> 26153 <LOANS> 246654 <ALLOWANCE> 1241 <TOTAL-ASSETS> 329336 <DEPOSITS> 279712 <SHORT-TERM> 11300 <LIABILITIES-OTHER> 5199 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 44 <OTHER-SE> 33081 <TOTAL-LIABILITIES-AND-EQUITY> 329336 <INTEREST-LOAN> 4956 <INTEREST-INVEST> 1069 <INTEREST-OTHER> 184 <INTEREST-TOTAL> 6209 <INTEREST-DEPOSIT> 3505 <INTEREST-EXPENSE> 3652 <INTEREST-INCOME-NET> 2557 <LOAN-LOSSES> 45 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3346 <INCOME-PRETAX> (524) <INCOME-PRE-EXTRAORDINARY> (524) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (524) <EPS-PRIMARY> (.07) <EPS-DILUTED> (.07) <YIELD-ACTUAL> 7.80 <LOANS-NON> 194 <LOANS-PAST> 21 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1233 <CHARGE-OFFS> 38 <RECOVERIES> 1 <ALLOWANCE-CLOSE> 1241 <ALLOWANCE-DOMESTIC> 5 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1236