WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 9
<RESTATED>
[LEGEND]
The schedule  contains summary  financial  information  quarterly report on Form
10-KSB for the fiscal  quarter and is  qualified in its entirety by reference to
such financial statements.
[/LEGEND]
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                       2,844,578
<INT-BEARING-DEPOSITS>                       2,229,104
<FED-FUNDS-SOLD>                                70,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 22,992,870
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    131,317,923
<ALLOWANCE>                                    575,985
<TOTAL-ASSETS>                             163,917,842
<DEPOSITS>                                 120,546,079
<SHORT-TERM>                                11,853,628
<LIABILITIES-OTHER>                          1,430,877
<LONG-TERM>                                  9,921,678
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        16,573
<OTHER-SE>                                  20,149,007
<TOTAL-LIABILITIES-AND-EQUITY>             163,917,842
<INTEREST-LOAN>                             10,804,173
<INTEREST-INVEST>                            1,675,017
<INTEREST-OTHER>                               155,870
<INTEREST-TOTAL>                            12,635,060
<INTEREST-DEPOSIT>                           4,957,409
<INTEREST-EXPENSE>                           6,106,735
<INTEREST-INCOME-NET>                        6,528,325
<LOAN-LOSSES>                                  120,000
<SECURITIES-GAINS>                               (461)
<EXPENSE-OTHER>                              4,371,239
<INCOME-PRETAX>                              2,621,920
<INCOME-PRE-EXTRAORDINARY>                   1,675,395
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,675,395
<EPS-PRIMARY>                                      .62
<EPS-DILUTED>                                      .59
<YIELD-ACTUAL>                                    4.26
<LOANS-NON>                                          0
<LOANS-PAST>                                   371,000
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               513,367
<CHARGE-OFFS>                                   90,479
<RECOVERIES>                                    33,097
<ALLOWANCE-CLOSE>                              575,985
<ALLOWANCE-DOMESTIC>                           575,985
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0