<ARTICLE> 9
<LEGEND>
The schedule contains summary financial information quarterly report on Form
10-QSB for the fiscal quarter and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-START>                              JUL-1-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       2,351,757
<INT-BEARING-DEPOSITS>                         754,043
<FED-FUNDS-SOLD>                               248,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 25,694,135
<INVESTMENTS-CARRYING>                      25,694,135
<INVESTMENTS-MARKET>                        25,694,135
<LOANS>                                    126,972,725
<ALLOWANCE>                                    500,921
<TOTAL-ASSETS>                             159,693,194
<DEPOSITS>                                 116,516,709
<SHORT-TERM>                                21,572,075
<LIABILITIES-OTHER>                          1,192,437
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                           16,573
<PREFERRED>                                          0
<COMMON>                                             0
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<TOTAL-LIABILITIES-AND-EQUITY>             159,693,194
<INTEREST-LOAN>                              5,164,439
<INTEREST-INVEST>                              864,034
<INTEREST-OTHER>                                75,007
<INTEREST-TOTAL>                             6,103,480
<INTEREST-DEPOSIT>                           2,453,239
<INTEREST-EXPENSE>                           2,917,878
<INTEREST-INCOME-NET>                        3,185,602
<LOAN-LOSSES>                                   60,000
<SECURITIES-GAINS>                               (461)
<EXPENSE-OTHER>                            (2,576,026)
<INCOME-PRETAX>                                808,222
<INCOME-PRE-EXTRAORDINARY>                     808,222
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   508,422
<EPS-PRIMARY>                                      .33
<EPS-DILUTED>                                      .33
<YIELD-ACTUAL>                                    8.25
<LOANS-NON>                                          0
<LOANS-PAST>                                   533,000
<LOANS-TROUBLED>                                     0
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<ALLOWANCE-CLOSE>                              500,921
<ALLOWANCE-DOMESTIC>                           500,921
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        125,000