<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 939,570 <INT-BEARING-DEPOSITS> 4,927,567 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 69,457 <INVESTMENTS-MARKET> 71,381 <LOANS> 134,967,972 <ALLOWANCE> 876,000 <TOTAL-ASSETS> 149,223,004 <DEPOSITS> 97,581,563 <SHORT-TERM> 10,800,000 <LIABILITIES-OTHER> 780,838 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,319 <OTHER-SE> 16,387,825 <TOTAL-LIABILITIES-AND-EQUITY> 149,223,004 <INTEREST-LOAN> 5,544,723 <INTEREST-INVEST> 2,990 <INTEREST-OTHER> 168,762 <INTEREST-TOTAL> 5,716,475 <INTEREST-DEPOSIT> 2,258,925 <INTEREST-EXPENSE> 3,145,559 <INTEREST-INCOME-NET> 2,570,916 <LOAN-LOSSES> 251,765 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 481,172 <INCOME-PRETAX> 637,933 <INCOME-PRE-EXTRAORDINARY> 404,975 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 404,975 <EPS-PRIMARY> 0.45 <EPS-DILUTED> 0.45 <YIELD-ACTUAL> 8.13 <LOANS-NON> 1,912,322 <LOANS-PAST> 921,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 669,000 <CHARGE-OFFS> 59,682 <RECOVERIES> 14,917 <ALLOWANCE-CLOSE> 876,000 <ALLOWANCE-DOMESTIC> 876,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0