<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
QUARTERLY REPORT ON FORM 10-Q FOR THE THREE MONTHS ENDED SEPTEMBER 30, 1997 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-START>                             JUL-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                       7,116,490
<INT-BEARING-DEPOSITS>                      12,905,476
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                               617,050
<INVESTMENTS-HELD-FOR-SALE>                 33,482,920
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    330,608,876
<ALLOWANCE>                                (2,873,154)
<TOTAL-ASSETS>                             401,664,573
<DEPOSITS>                                 310,139,889
<SHORT-TERM>                                31,202,151
<LIABILITIES-OTHER>                          6,160,697
<LONG-TERM>                                 20,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        21,240
<OTHER-SE>                                  34,140,596
<TOTAL-LIABILITIES-AND-EQUITY>             401,664,573
<INTEREST-LOAN>                              6,962,317
<INTEREST-INVEST>                              482,503
<INTEREST-OTHER>                               255,523
<INTEREST-TOTAL>                             7,700,343
<INTEREST-DEPOSIT>                           4,069,499
<INTEREST-EXPENSE>                           4,810,992
<INTEREST-INCOME-NET>                        2,889,351
<LOAN-LOSSES>                                  225,000
<SECURITIES-GAINS>                              20,044
<EXPENSE-OTHER>                              2,220,651
<INCOME-PRETAX>                                904,061
<INCOME-PRE-EXTRAORDINARY>                     554,496
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   554,496
<EPS-PRIMARY>                                     0.29
<EPS-DILUTED>                                     0.29
<YIELD-ACTUAL>                                    8.06
<LOANS-NON>                                  1,107,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                              8,765,000
<ALLOWANCE-OPEN>                           (2,973,457)
<CHARGE-OFFS>                                  345,402
<RECOVERIES>                                  (20,099)
<ALLOWANCE-CLOSE>                          (2,873,154)
<ALLOWANCE-DOMESTIC>                       (2,873,154)
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0