<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION DERIVED FROM THE QUARTERLY REPORT ON FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 52,179 <INT-BEARING-DEPOSITS> 2,226,864 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 48,529,294 <INVESTMENTS-CARRYING> 48,529,294 <INVESTMENTS-MARKET> 48,529,294 <LOANS> 34,284,634 <ALLOWANCE> 275,034 <TOTAL-ASSETS> 88,828,847 <DEPOSITS> 51,816,523 <SHORT-TERM> 0 <LIABILITIES-OTHER> 961,567 <LONG-TERM> 26,805,697 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 112,500 <OTHER-SE> 9,132,560 <TOTAL-LIABILITIES-AND-EQUITY> 88,828,847 <INTEREST-LOAN> 1,314,939 <INTEREST-INVEST> 1,369,046 <INTEREST-OTHER> 84,865 <INTEREST-TOTAL> 2,768,850 <INTEREST-DEPOSIT> 1,318,802 <INTEREST-EXPENSE> 1,898,533 <INTEREST-INCOME-NET> 870,317 <LOAN-LOSSES> 24,000 <SECURITIES-GAINS> 37,913 <EXPENSE-OTHER> 759,841 <INCOME-PRETAX> 190,762 <INCOME-PRE-EXTRAORDINARY> 190,762 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 126,692 <EPS-PRIMARY> .18 <EPS-DILUTED> .17 <YIELD-ACTUAL> 1.50 <LOANS-NON> 0 <LOANS-PAST> 965,771 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 251,013 <CHARGE-OFFS> 0 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 275,013 <ALLOWANCE-DOMESTIC> 275,013 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 74,936