<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 631,689 <INT-BEARING-DEPOSITS> 3,936,161 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 998,200 <INVESTMENTS-CARRYING> 205,196 <INVESTMENTS-MARKET> 207,523 <LOANS> 96,087,589 <ALLOWANCE> 511,000 <TOTAL-ASSETS> 106,635,246 <DEPOSITS> 76,580,946 <SHORT-TERM> 9,750,000 <LIABILITIES-OTHER> 807,791 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,250 <OTHER-SE> 18,039,566 <TOTAL-LIABILITIES-AND-EQUITY> 106,635,246 <INTEREST-LOAN> 2,116,754 <INTEREST-INVEST> 13,336 <INTEREST-OTHER> 37,876 <INTEREST-TOTAL> 2,167,966 <INTEREST-DEPOSIT> 882,891 <INTEREST-EXPENSE> 1,018,385 <INTEREST-INCOME-NET> 1,149,581 <LOAN-LOSSES> 79,978 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 157,878 <INCOME-PRETAX> 496,118 <INCOME-PRE-EXTRAORDINARY> 304,862 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 304,862 <EPS-PRIMARY> 0.32 <EPS-DILUTED> 0.32 <YIELD-ACTUAL> 8.74 <LOANS-NON> 630,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 436,000 <CHARGE-OFFS> 12,581 <RECOVERIES> 7,603 <ALLOWANCE-CLOSE> 511,000 <ALLOWANCE-DOMESTIC> 511,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0