<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> MAR-31-1997 <CASH> 35 <INT-BEARING-DEPOSITS> 1,557 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 4,853 <INVESTMENTS-MARKET> 4,689 <LOANS> 118,605 <ALLOWANCE> 100 <TOTAL-ASSETS> 128,328 <DEPOSITS> 86,008 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,081 <LONG-TERM> 7,628 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 35 <OTHER-SE> 33,576 <TOTAL-LIABILITIES-AND-EQUITY> 128,328 <INTEREST-LOAN> 2,173 <INTEREST-INVEST> 111 <INTEREST-OTHER> 17 <INTEREST-TOTAL> 2,301 <INTEREST-DEPOSIT> 1,015 <INTEREST-EXPENSE> 1,137 <INTEREST-INCOME-NET> 1,164 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 714 <INCOME-PRETAX> 465 <INCOME-PRE-EXTRAORDINARY> 465 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 307 <EPS-PRIMARY> 0.10 <EPS-DILUTED> 0.10 <YIELD-ACTUAL> 3.68 <LOANS-NON> 0 <LOANS-PAST> 72 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 100 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 100 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0