<ARTICLE> 9 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> SEP-30-1995 <EXCHANGE-RATE> 1 <CASH> 875 <INT-BEARING-DEPOSITS> 30,554 <FED-FUNDS-SOLD> 1,100 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 5,034 <ALLOWANCE> 400 <TOTAL-ASSETS> 32,811 <DEPOSITS> 30,777 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,173 <LONG-TERM> 0 <COMMON> 272 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 589 <TOTAL-LIABILITIES-AND-EQUITY> 32,811 <INTEREST-LOAN> 74 <INTEREST-INVEST> 59 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 133 <INTEREST-DEPOSIT> 435 <INTEREST-EXPENSE> 435 <INTEREST-INCOME-NET> (302) <LOAN-LOSSES> (100) <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 849 <INCOME-PRETAX> (1,135) <INCOME-PRE-EXTRAORDINARY> (1,135) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,140) <EPS-PRIMARY> (0.04) <EPS-DILUTED> (0.04) <YIELD-ACTUAL> 10.75 <LOANS-NON> 2,286 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 2,335 <ALLOWANCE-OPEN> 500 <CHARGE-OFFS> 0 <RECOVERIES> 100 <ALLOWANCE-CLOSE> 400 <ALLOWANCE-DOMESTIC> 400 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0