<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> SEP-30-1996 <CASH> 2,722 <INT-BEARING-DEPOSITS> 4,138 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 9,513 <INVESTMENTS-CARRYING> 433 <INVESTMENTS-MARKET> 436 <LOANS> 49,783 <ALLOWANCE> (194) <TOTAL-ASSETS> 69,267 <DEPOSITS> 56,476 <SHORT-TERM> 3,500 <LIABILITIES-OTHER> 1,193 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 52 <OTHER-SE> 8,046 <TOTAL-LIABILITIES-AND-EQUITY> 69,267 <INTEREST-LOAN> 1,008 <INTEREST-INVEST> 247 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,255 <INTEREST-DEPOSIT> 635 <INTEREST-EXPENSE> 644 <INTEREST-INCOME-NET> 611 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 892 <INCOME-PRETAX> (194) <INCOME-PRE-EXTRAORDINARY> (194) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (194) <EPS-PRIMARY> (0.39) <EPS-DILUTED> (0.39) <YIELD-ACTUAL> 8.06 <LOANS-NON> 0 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 1 <ALLOWANCE-OPEN> 194 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 194 <ALLOWANCE-DOMESTIC> 194 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0