<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> JUN-30-1998 <CASH> 1,683,106 <INT-BEARING-DEPOSITS> 100,979 <FED-FUNDS-SOLD> 1,865,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,856,050 <INVESTMENTS-CARRYING> 949,813 <INVESTMENTS-MARKET> 931,675 <LOANS> 50,983,637 <ALLOWANCE> 359,436 <TOTAL-ASSETS> 65,308,755 <DEPOSITS> 47,096,059 <SHORT-TERM> 0 <LIABILITIES-OTHER> 531,922 <LONG-TERM> 12,440,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 713,015 <OTHER-SE> 4,527,759 <TOTAL-LIABILITIES-AND-EQUITY> 65,308,755 <INTEREST-LOAN> 1,145,983 <INTEREST-INVEST> 67,979 <INTEREST-OTHER> 73,736 <INTEREST-TOTAL> 1,287,698 <INTEREST-DEPOSIT> 509,317 <INTEREST-EXPENSE> 702,364 <INTEREST-INCOME-NET> 585,334 <LOAN-LOSSES> 12,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 567,190 <INCOME-PRETAX> 107,268 <INCOME-PRE-EXTRAORDINARY> 71,903 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 71,903 <EPS-PRIMARY> 0.1 <EPS-DILUTED> 0.1 <YIELD-ACTUAL> 3.9 <LOANS-NON> 127,142 <LOANS-PAST> 201,256 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 346,896 <CHARGE-OFFS> 0 <RECOVERIES> 540 <ALLOWANCE-CLOSE> 359,436 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0