<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 143 <INT-BEARING-DEPOSITS> 4,429 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 7,866 <INVESTMENTS-MARKET> 7,711 <LOANS> 112,686 <ALLOWANCE> 98 <TOTAL-ASSETS> 128,710 <DEPOSITS> 86,693 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,739 <LONG-TERM> 6,423 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 35 <OTHER-SE> 33,820 <TOTAL-LIABILITIES-AND-EQUITY> 128,710 <INTEREST-LOAN> 2,054 <INTEREST-INVEST> 195 <INTEREST-OTHER> 19 <INTEREST-TOTAL> 2,268 <INTEREST-DEPOSIT> 1,075 <INTEREST-EXPENSE> 1,166 <INTEREST-INCOME-NET> 1,102 <LOAN-LOSSES> 3 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,279 <INCOME-PRETAX> (157) <INCOME-PRE-EXTRAORDINARY> (103) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (103) <EPS-PRIMARY> (.03) <EPS-DILUTED> (.03) <YIELD-ACTUAL> 7.19 <LOANS-NON> 0 <LOANS-PAST> 204 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 95 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 98 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 98