<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 595,694 <INT-BEARING-DEPOSITS> 1,646,704 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 3,381,906 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 88,693,103 <ALLOWANCE> 710,000 <TOTAL-ASSETS> 97,992,514 <DEPOSITS> 77,997,915 <SHORT-TERM> 4,900,000 <LIABILITIES-OTHER> 1,437,635 <LONG-TERM> 1,250,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 946,730 <OTHER-SE> 11,460,234 <TOTAL-LIABILITIES-AND-EQUITY> 97,992,514 <INTEREST-LOAN> 3,952,268 <INTEREST-INVEST> 132,706 <INTEREST-OTHER> 127,725 <INTEREST-TOTAL> 4,212,699 <INTEREST-DEPOSIT> 1,923,795 <INTEREST-EXPENSE> 2,084,547 <INTEREST-INCOME-NET> 2,128,152 <LOAN-LOSSES> 37,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,963,828 <INCOME-PRETAX> 525,874 <INCOME-PRE-EXTRAORDINARY> 525,874 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 349,574 <EPS-PRIMARY> .38 <EPS-DILUTED> .38 <YIELD-ACTUAL> 4.16 <LOANS-NON> 308,000 <LOANS-PAST> 0 <LOANS-TROUBLED> 694,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 688,000 <CHARGE-OFFS> 15,000 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 710,000 <ALLOWANCE-DOMESTIC> 710,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0