<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF THE COMPANY AS OF AND FOR THE QUARTER ENDED SEPTEMBER 30, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 290,216 <INT-BEARING-DEPOSITS> 5,339,866 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 2,927,033 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 86,882,617 <ALLOWANCE> 750,876 <TOTAL-ASSETS> 98,918,506 <DEPOSITS> 81,857,788 <SHORT-TERM> 1,200,000 <LIABILITIES-OTHER> 1,537,574 <LONG-TERM> 1,353,332 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 989,122 <OTHER-SE> 11,980,690 <TOTAL-LIABILITIES-AND-EQUITY> 98,918,506 <INTEREST-LOAN> 2,070,809 <INTEREST-INVEST> 65,131 <INTEREST-OTHER> 63,730 <INTEREST-TOTAL> 2,199,670 <INTEREST-DEPOSIT> 1,021,590 <INTEREST-EXPENSE> 1,077,605 <INTEREST-INCOME-NET> 1,122,065 <LOAN-LOSSES> 15,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 708,293 <INCOME-PRETAX> 593,137 <INCOME-PRE-EXTRAORDINARY> 593,137 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 370,137 <EPS-PRIMARY> 0.38 <EPS-DILUTED> 0.38 <YIELD-ACTUAL> 4.65 <LOANS-NON> 1,227,000 <LOANS-PAST> 299,000 <LOANS-TROUBLED> 589,000 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 739,916 <CHARGE-OFFS> 4,040 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 750,876 <ALLOWANCE-DOMESTIC> 750,876 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0