<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> SEP-30-1998 <CASH> 529840 <INT-BEARING-DEPOSITS> 4174367 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 74563018 <INVESTMENTS-MARKET> 75447244 <LOANS> 66669848 <ALLOWANCE> 1241374 <TOTAL-ASSETS> 148877812 <DEPOSITS> 105869437 <SHORT-TERM> 18079299 <LIABILITIES-OTHER> 3009640 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17828 <OTHER-SE> 21901608 <TOTAL-LIABILITIES-AND-EQUITY> 148877812 <INTEREST-LOAN> 1432358 <INTEREST-INVEST> 1262959 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 2695317 <INTEREST-DEPOSIT> 1001406 <INTEREST-EXPENSE> 158226 <INTEREST-INCOME-NET> 1535685 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 762701 <INCOME-PRETAX> 932989 <INCOME-PRE-EXTRAORDINARY> 932989 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 932989 <EPS-PRIMARY> .65 <EPS-DILUTED> .58 <YIELD-ACTUAL> 7.33 <LOANS-NON> 504 <LOANS-PAST> 1365 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1275000 <CHARGE-OFFS> 41000 <RECOVERIES> 9000 <ALLOWANCE-CLOSE> 1243000 <ALLOWANCE-DOMESTIC> 1243000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0