WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 605 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,292 <INVESTMENTS-CARRYING> 253 <INVESTMENTS-MARKET> 253 <LOANS> 69,371 <ALLOWANCE> 195 <TOTAL-ASSETS> 83,799 <DEPOSITS> 71,906 <SHORT-TERM> 6,000 <LIABILITIES-OTHER> 1,508 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 510 <OTHER-SE> 3,875 <TOTAL-LIABILITIES-AND-EQUITY> 83,799 <INTEREST-LOAN> 1,319 <INTEREST-INVEST> 187 <INTEREST-OTHER> 0 <INTEREST-TOTAL> 1,506 <INTEREST-DEPOSIT> 913 <INTEREST-EXPENSE> 913 <INTEREST-INCOME-NET> 593 <LOAN-LOSSES> 30 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,017 <INCOME-PRETAX> (319) <INCOME-PRE-EXTRAORDINARY> (222) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (222) <EPS-PRIMARY> (0.44) <EPS-DILUTED> 0 <YIELD-ACTUAL> 2.99 <LOANS-NON> 433 <LOANS-PAST> 17 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 180 <CHARGE-OFFS> 17 <RECOVERIES> 2 <ALLOWANCE-CLOSE> 195 <ALLOWANCE-DOMESTIC> 0.28 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0