<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 3,989,697 <INT-BEARING-DEPOSITS> 3,064,428 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 123,815,772 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 463,113,503 <ALLOWANCE> 2,928,151 <TOTAL-ASSETS> 610,973,845 <DEPOSITS> 449,042,655 <SHORT-TERM> 41,166,130 <LIABILITIES-OTHER> 12,103,419 <LONG-TERM> 25,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66,300 <OTHER-SE> 83,595,341 <TOTAL-LIABILITIES-AND-EQUITY> 610,973,845 <INTEREST-LOAN> 9,906,611 <INTEREST-INVEST> 1,928,863 <INTEREST-OTHER> 123,063 <INTEREST-TOTAL> 11,958,537 <INTEREST-DEPOSIT> 5,503,230 <INTEREST-EXPENSE> 6,475,076 <INTEREST-INCOME-NET> 5,483,461 <LOAN-LOSSES> 142,395 <SECURITIES-GAINS> 48,239 <EXPENSE-OTHER> 2,760,771 <INCOME-PRETAX> 2,908,080 <INCOME-PRE-EXTRAORDINARY> 1,903,080 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,903,080 <EPS-PRIMARY> 0.49 <EPS-DILUTED> 0.49 <YIELD-ACTUAL> 3.76 <LOANS-NON> 3,434,309 <LOANS-PAST> 0 <LOANS-TROUBLED> 618,904 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,961,810 <CHARGE-OFFS> 183,728 <RECOVERIES> 7,674 <ALLOWANCE-CLOSE> 2,928,151 <ALLOWANCE-DOMESTIC> 2,928,151 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0