<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> DEC-31-1996 <CASH> 1,552,822 <INT-BEARING-DEPOSITS> 3,704,393 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 1,858,138 <INVESTMENTS-HELD-FOR-SALE> 26,746,336 <INVESTMENTS-CARRYING> 2,001,810 <INVESTMENTS-MARKET> 2,002,500 <LOANS> 98,287,781 <ALLOWANCE> 195,862 <TOTAL-ASSETS> 143,185,873 <DEPOSITS> 97,446,812 <SHORT-TERM> 9,046,569 <LIABILITIES-OTHER> 999,758 <LONG-TERM> 13,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 18,195 <OTHER-SE> 22,674,539 <TOTAL-LIABILITIES-AND-EQUITY> 143,185,873 <INTEREST-LOAN> 3,949,487 <INTEREST-INVEST> 905,645 <INTEREST-OTHER> 180,801 <INTEREST-TOTAL> 5,035,933 <INTEREST-DEPOSIT> 2,378,913 <INTEREST-EXPENSE> 2,938,753 <INTEREST-INCOME-NET> 2,097,180 <LOAN-LOSSES> 30,000 <SECURITIES-GAINS> 477,201 <EXPENSE-OTHER> 2,464,227 <INCOME-PRETAX> 507,066 <INCOME-PRE-EXTRAORDINARY> 507,066 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 334,366 <EPS-PRIMARY> .18 <EPS-DILUTED> .18 <YIELD-ACTUAL> 7.55 <LOANS-NON> 67,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 165,862 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 195,862 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 195,862