<ARTICLE> 9 <LEGEND> THE FOLLOWING SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN THE REGISTRANT'S QUARTERLY REPORT ON FORM 10-QSB FOR THE PERIOD ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 1,727,378 <INT-BEARING-DEPOSITS> 1,738,467 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 6,459 <INVESTMENTS-MARKET> 0 <LOANS> 77,635,036 <ALLOWANCE> 417,093 <TOTAL-ASSETS> 84,260,840 <DEPOSITS> 44,563,220 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,081,825 <LONG-TERM> 25,163,279 <COMMON> 16,313 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 13,436,203 <TOTAL-LIABILITIES-AND-EQUITY> 84,260,840 <INTEREST-LOAN> 3,270,388 <INTEREST-INVEST> 241 <INTEREST-OTHER> 103,810 <INTEREST-TOTAL> 3,374,439 <INTEREST-DEPOSIT> 815,809 <INTEREST-EXPENSE> 1,574,428 <INTEREST-INCOME-NET> 1,800,011 <LOAN-LOSSES> 36,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,293,213 <INCOME-PRETAX> 880,319 <INCOME-PRE-EXTRAORDINARY> 565,319 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 565,319 <EPS-PRIMARY> 0.45 <EPS-DILUTED> 0.44 <YIELD-ACTUAL> 0 <LOANS-NON> 158,629 <LOANS-PAST> 610,905 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 391,148 <CHARGE-OFFS> 11,161 <RECOVERIES> 1,106 <ALLOWANCE-CLOSE> 417,093 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0