<ARTICLE> 9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY
REPORT  ON FORM 10-Q FOR THE  FISCAL  QUARTER  ENDED  DECEMBER  31, 1998  AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                    1
       
                             
<PERIOD-TYPE>                                    3-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-END>                               DEC-31-1998
<CASH>                                         386,241
<INT-BEARING-DEPOSITS>                       2,837,510
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 12,494,046
<INVESTMENTS-CARRYING>                      12,494,046
<INVESTMENTS-MARKET>                        12,494,046
<LOANS>                                     24,875,889
<ALLOWANCE>                                    400,000
<TOTAL-ASSETS>                              41,698,241
<DEPOSITS>                                  28,334,855
<SHORT-TERM>                                 6,416,000
<LIABILITIES-OTHER>                            374,793
<LONG-TERM>                                  2,529,584
<PREFERRED-MANDATORY>                                0
<COMMON>                                         1,958
<PREFERRED>                                          0
<OTHER-SE>                                   4,041,051
<TOTAL-LIABILITIES-AND-EQUITY>              41,698,241
<INTEREST-LOAN>                                559,602
<INTEREST-INVEST>                              198,419
<INTEREST-OTHER>                                34,969
<INTEREST-TOTAL>                               792,990
<INTEREST-DEPOSIT>                             366,368
<INTEREST-EXPENSE>                             128,355
<INTEREST-INCOME-NET>                          298,267
<LOAN-LOSSES>                                   73,500
<SECURITIES-GAINS>                                (700)
<EXPENSE-OTHER>                                255,468
<INCOME-PRETAX>                                 25,875
<INCOME-PRE-EXTRAORDINARY>                      25,875
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    10,897
<EPS-PRIMARY>                                     0.06
<EPS-DILUTED>                                     0.06
<YIELD-ACTUAL>                                    0.75
<LOANS-NON>                                    185,000
<LOANS-PAST>                                   239,000
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                               396,000
<CHARGE-OFFS>                                   75,000
<RECOVERIES>                                     5,000
<ALLOWANCE-CLOSE>                              400,000
<ALLOWANCE-DOMESTIC>                           400,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        351,000