<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 214,314 <INT-BEARING-DEPOSITS> 8,933,710 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 641,412 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 105,539,751 <ALLOWANCE> 211,000 <TOTAL-ASSETS> 121,469,462 <DEPOSITS> 80,272,119 <SHORT-TERM> 20,013,302 <LIABILITIES-OTHER> 1,493,996 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,897 <OTHER-SE> 19,674,148 <TOTAL-LIABILITIES-AND-EQUITY> 121,469,462 <INTEREST-LOAN> 4,516,574 <INTEREST-INVEST> 48,896 <INTEREST-OTHER> 195,918 <INTEREST-TOTAL> 4,516,574 <INTEREST-DEPOSIT> 2,163,142 <INTEREST-EXPENSE> 2,559,804 <INTEREST-INCOME-NET> 1,956,770 <LOAN-LOSSES> 25,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,163,631 <INCOME-PRETAX> 790,792 <INCOME-PRE-EXTRAORDINARY> 490,902 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 490,092 <EPS-PRIMARY> 0.33 <EPS-DILUTED> 0.32 <YIELD-ACTUAL> 8.03 <LOANS-NON> 842,000 <LOANS-PAST> 159,000 <LOANS-TROUBLED> 260,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 186,000 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 211,000 <ALLOWANCE-DOMESTIC> 211,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 73,550