<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 3,479,918 <INT-BEARING-DEPOSITS> 3,867,868 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 34,119,616 <INVESTMENTS-CARRYING> 13,127,994 <INVESTMENTS-MARKET> 12,921,760 <LOANS> 132,894,562 <ALLOWANCE> 317,413 <TOTAL-ASSETS> 201,665,594 <DEPOSITS> 126,418,557 <SHORT-TERM> 24,121,053 <LIABILITIES-OTHER> 1,043,328 <LONG-TERM> 27,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 26,327 <OTHER-SE> 23,056,419 <TOTAL-LIABILITIES-AND-EQUITY> 201,665,594 <INTEREST-LOAN> 5,254,972 <INTEREST-INVEST> 1,393,772 <INTEREST-OTHER> 89,584 <INTEREST-TOTAL> 6,738,328 <INTEREST-DEPOSIT> 2,989,827 <INTEREST-EXPENSE> 4,147,468 <INTEREST-INCOME-NET> 2,590,860 <LOAN-LOSSES> 57,000 <SECURITIES-GAINS> (282,572) <EXPENSE-OTHER> 2,551,414 <INCOME-PRETAX> 229,608 <INCOME-PRE-EXTRAORDINARY> 229,608 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 141,398 <EPS-PRIMARY> .06 <EPS-DILUTED> .06 <YIELD-ACTUAL> 7.41 <LOANS-NON> 1,025,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 289,696 <CHARGE-OFFS> 29,283 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 317,413 <ALLOWANCE-DOMESTIC> 287,532 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 29,881