<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> SEP-30-1998 <CASH> 1,017,129 <INT-BEARING-DEPOSITS> 6,518,606 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 73,409 <INVESTMENTS-MARKET> 75,000 <LOANS> 132,493,050 <ALLOWANCE> 719,000 <TOTAL-ASSETS> 146,884,408 <DEPOSITS> 90,697,697 <SHORT-TERM> 13,500,000 <LIABILITIES-OTHER> 1,799,548 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,319 <OTHER-SE> 17,111,351 <TOTAL-LIABILITIES-AND-EQUITY> 146,884,408 <INTEREST-LOAN> 2,719,863 <INTEREST-INVEST> 1,481 <INTEREST-OTHER> 72,147 <INTEREST-TOTAL> 2,793,491 <INTEREST-DEPOSIT> 1,079,793 <INTEREST-EXPENSE> 1,441,983 <INTEREST-INCOME-NET> 1,351,508 <LOAN-LOSSES> 75,150 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 232,252 <INCOME-PRETAX> 442,809 <INCOME-PRE-EXTRAORDINARY> 278,770 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 278,770 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0.31 <YIELD-ACTUAL> 8.58 <LOANS-NON> 969,976 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 669,000 <CHARGE-OFFS> 33,908 <RECOVERIES> 8,758 <ALLOWANCE-CLOSE> 719,000 <ALLOWANCE-DOMESTIC> 719,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0