<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 346,667 <INT-BEARING-DEPOSITS> 4,654,344 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 2,371,913 <INVESTMENTS-CARRYING> 12,110,919 <INVESTMENTS-MARKET> 12,138,093 <LOANS> 14,774,722 <ALLOWANCE> 217,490 <TOTAL-ASSETS> 35,636,903 <DEPOSITS> 28,463,500 <SHORT-TERM> 0 <LIABILITIES-OTHER> 269,562 <LONG-TERM> 2,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 33,060 <OTHER-SE> 2,759,253 <TOTAL-LIABILITIES-AND-EQUITY> 35,636,903 <INTEREST-LOAN> 316,266 <INTEREST-INVEST> 259,479 <INTEREST-OTHER> 69,930 <INTEREST-TOTAL> 645,675 <INTEREST-DEPOSIT> 332,670 <INTEREST-EXPENSE> 376,598 <INTEREST-INCOME-NET> 269,077 <LOAN-LOSSES> 8,700 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 228,363 <INCOME-PRETAX> 53,801 <INCOME-PRE-EXTRAORDINARY> 53,801 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 48,428 <EPS-PRIMARY> .16 <EPS-DILUTED> 0 <YIELD-ACTUAL> 3.25 <LOANS-NON> 831,191 <LOANS-PAST> 831,191 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 208,791 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 217,490 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0