<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> SEP-30-1996 <CASH> 12,443 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 347,527 <INVESTMENTS-MARKET> 348,226 <LOANS> 732,905 <ALLOWANCE> 2,778 <TOTAL-ASSETS> 1,142,473 <DEPOSITS> 853,989 <SHORT-TERM> 65,820 <LIABILITIES-OTHER> 17,051 <LONG-TERM> 115,465 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 60 <OTHER-SE> 90,088 <TOTAL-LIABILITIES-AND-EQUITY> 1,142,473 <INTEREST-LOAN> 13,344 <INTEREST-INVEST> 6,372 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 19,716 <INTEREST-DEPOSIT> 9,475 <INTEREST-EXPENSE> 11,830 <INTEREST-INCOME-NET> 7,886 <LOAN-LOSSES> 175 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 9,235 <INCOME-PRETAX> (1,115) <INCOME-PRE-EXTRAORDINARY> (769) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (769) <EPS-PRIMARY> (0.17) <EPS-DILUTED> (0.17) <YIELD-ACTUAL> 3.00 <LOANS-NON> 6,541 <LOANS-PAST> 0 <LOANS-TROUBLED> 2,332 <LOANS-PROBLEM> 6,857 <ALLOWANCE-OPEN> 2,630 <CHARGE-OFFS> 27 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 2,778 <ALLOWANCE-DOMESTIC> 2,778 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0