<ARTICLE>                                            9
       
                                          
<PERIOD-TYPE>                                3-MOS
<FISCAL-YEAR-END>                            JUN-30-1997
<PERIOD-END>                                 SEP-30-1996
<CASH>                                           15,250
<INT-BEARING-DEPOSITS>                        2,855,874
<FED-FUNDS-SOLD>                                      0
<TRADING-ASSETS>                                      0
<INVESTMENTS-HELD-FOR-SALE>                           0
<INVESTMENTS-CARRYING>                       30,081,878
<INVESTMENTS-MARKET>                         30,062,619
<LOANS>                                      17,442,746<F1>
<ALLOWANCE>                                     213,034
<TOTAL-ASSETS>                               51,058,275
<DEPOSITS>                                   37,410,421
<SHORT-TERM>                                          0
<LIABILITIES-OTHER>                             487,561
<LONG-TERM>                                           0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<COMMON>                                        112,500
<OTHER-SE>                                   13,047,793
<TOTAL-LIABILITIES-AND-EQUITY>               13,160,293
<INTEREST-LOAN>                                 363,720
<INTEREST-INVEST>                               496,881
<INTEREST-OTHER>                                 49,160
<INTEREST-TOTAL>                                909,761
<INTEREST-DEPOSIT>                              507,196
<INTEREST-EXPENSE>                              507,196
<INTEREST-INCOME-NET>                           402,565
<LOAN-LOSSES>                                         0
<SECURITIES-GAINS>                                    0
<EXPENSE-OTHER>                                 495,168
<INCOME-PRETAX>                                 (40,123)
<INCOME-PRE-EXTRAORDINARY>                      (40,123)
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                    (37,547)
<EPS-PRIMARY>                                     (0.04)
<EPS-DILUTED>                                     (0.04)
<YIELD-ACTUAL>                                     3.14
<LOANS-NON>                                      28,664
<LOANS-PAST>                                    205,457
<LOANS-TROUBLED>                                      0
<LOANS-PROBLEM>                                 234,121
<ALLOWANCE-OPEN>                                213,034
<CHARGE-OFFS>                                         0
<RECOVERIES>                                          0
<ALLOWANCE-CLOSE>                                     0
<ALLOWANCE-DOMESTIC>                            213,034
<ALLOWANCE-FOREIGN>                                   0
<ALLOWANCE-UNALLOCATED>                         213,034
<FN>
<F1> NOT NET OF ALLOWANCE
</FN>