<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 224 <INT-BEARING-DEPOSITS> 5,311 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 28,250 <ALLOWANCE> 181 <TOTAL-ASSETS> 35,229 <DEPOSITS> 22,501 <SHORT-TERM> 0 <LIABILITIES-OTHER> 483 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 79 <OTHER-SE> 12,166 <TOTAL-LIABILITIES-AND-EQUITY> 35,229 <INTEREST-LOAN> 638 <INTEREST-INVEST> 0 <INTEREST-OTHER> 82 <INTEREST-TOTAL> 720 <INTEREST-DEPOSIT> 263 <INTEREST-EXPENSE> 0 <INTEREST-INCOME-NET> 457 <LOAN-LOSSES> 4 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 227 <INCOME-PRETAX> 232 <INCOME-PRE-EXTRAORDINARY> 232 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 162 <EPS-PRIMARY> .20 <EPS-DILUTED> .20 <YIELD-ACTUAL> 5.42 <LOANS-NON> 203 <LOANS-PAST> 348 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 364 <ALLOWANCE-OPEN> 177 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 181 <ALLOWANCE-DOMESTIC> 181 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0