<ARTICLE> 9 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> DEC-31-1996 <CASH> 15,217 <INT-BEARING-DEPOSITS> 8,179,630 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 26,318,389 <INVESTMENTS-MARKET> 26,421,072 <LOANS> 18,384,613<F1> <ALLOWANCE> 213,034 <TOTAL-ASSETS> 53,526,359 <DEPOSITS> 40,288,088 <SHORT-TERM> 0 <LIABILITIES-OTHER> 210,976 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 112,500 <OTHER-SE> 13,125,771 <TOTAL-LIABILITIES-AND-EQUITY> 53,526,359 <INTEREST-LOAN> 378,600 <INTEREST-INVEST> 475,940 <INTEREST-OTHER> 54,503 <INTEREST-TOTAL> 909,043 <INTEREST-DEPOSIT> 502,095 <INTEREST-EXPENSE> 502,095 <INTEREST-INCOME-NET> 406,948 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 366,713 <INCOME-PRETAX> 52,947 <INCOME-PRE-EXTRAORDINARY> 52,947 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 52,947 <EPS-PRIMARY> 0.04 <EPS-DILUTED> 0.04 <YIELD-ACTUAL> 3.11 <LOANS-NON> 238,300 <LOANS-PAST> 28,664 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 266,964 <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>