<ARTICLE> 9 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,527,481 <INT-BEARING-DEPOSITS> 7,578,387 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 42,272,306 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 145,205,691 <ALLOWANCE> 480,267 <TOTAL-ASSETS> 206,669,201 <DEPOSITS> 132,401,205 <SHORT-TERM> 20,000,000 <LIABILITIES-OTHER> 1,715,865 <LONG-TERM> 30,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 25,978 <OTHER-SE> 22,526,153 <TOTAL-LIABILITIES-AND-EQUITY> 206,669,201 <INTEREST-LOAN> 10,598,406 <INTEREST-INVEST> 2,677,378 <INTEREST-OTHER> 389,853 <INTEREST-TOTAL> 13,665,637 <INTEREST-DEPOSIT> 5,900,947 <INTEREST-EXPENSE> 8,313,380 <INTEREST-INCOME-NET> 5,352,257 <LOAN-LOSSES> 220,000 <SECURITIES-GAINS> (375,282) <EXPENSE-OTHER> 5,338,612 <INCOME-PRETAX> 414,014 <INCOME-PRE-EXTRAORDINARY> 414,014 <EXTRAORDINARY> 0 <CHANGES> (92,399) <NET-INCOME> 176,015 <EPS-BASIC> .07 <EPS-DILUTED> .07 <YIELD-ACTUAL> 7.23 <LOANS-NON> 1,279,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 289,696 <CHARGE-OFFS> 29,429 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 480,267 <ALLOWANCE-DOMESTIC> 480,267 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 91,000