<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 4,716,950 <INT-BEARING-DEPOSITS> 4,036,892 <FED-FUNDS-SOLD> 129,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 125,948,865 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 462,683,272 <ALLOWANCE> 2,856,383 <TOTAL-ASSETS> 614,748,869 <DEPOSITS> 453,858,616 <SHORT-TERM> 45,043,366 <LIABILITIES-OTHER> 7,274,626 <LONG-TERM> 25,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66,300 <OTHER-SE> 83,505,961 <TOTAL-LIABILITIES-AND-EQUITY> 614,748,869 <INTEREST-LOAN> 19,830,847 <INTEREST-INVEST> 3,968,390 <INTEREST-OTHER> 163,675 <INTEREST-TOTAL> 23,962,912 <INTEREST-DEPOSIT> 10,880,280 <INTEREST-EXPENSE> 12,825,885 <INTEREST-INCOME-NET> 11,137,027 <LOAN-LOSSES> 326,256 <SECURITIES-GAINS> 99,589 <EXPENSE-OTHER> 5,584,831 <INCOME-PRETAX> 5,836,061 <INCOME-PRE-EXTRAORDINARY> 3,843,061 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,843,061 <EPS-PRIMARY> 1.02 <EPS-DILUTED> 0.98 <YIELD-ACTUAL> 3.83 <LOANS-NON> 3,260,528 <LOANS-PAST> 0 <LOANS-TROUBLED> 557,515 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 2,961,810 <CHARGE-OFFS> 453,106 <RECOVERIES> 21,423 <ALLOWANCE-CLOSE> 2,856,383 <ALLOWANCE-DOMESTIC> 2,856,383 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0