<ARTICLE> 9 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 573 <INT-BEARING-DEPOSITS> 1797 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 1106 <INVESTMENTS-CARRYING> 60 <INVESTMENTS-MARKET> 60 <LOANS> 14895 <ALLOWANCE> 133 <TOTAL-ASSETS> 19007 <DEPOSITS> 16782 <SHORT-TERM> 0 <LIABILITIES-OTHER> 178 <LONG-TERM> 0 <COMMON> 15 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2032 <TOTAL-LIABILITIES-AND-EQUITY> 19007 <INTEREST-LOAN> 315 <INTEREST-INVEST> 49 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 364 <INTEREST-DEPOSIT> 210 <INTEREST-EXPENSE> 210 <INTEREST-INCOME-NET> 154 <LOAN-LOSSES> 18 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 172 <INCOME-PRETAX> (23) <INCOME-PRE-EXTRAORDINARY> (23) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17) <EPS-PRIMARY> (.12) <EPS-DILUTED> (.11) <YIELD-ACTUAL> 3.43 <LOANS-NON> 97 <LOANS-PAST> 28 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 126 <ALLOWANCE-OPEN> 122 <CHARGE-OFFS> 7 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 133 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 133