<ARTICLE> 9 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-QSB FOR THE QUARTER 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-30-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 371,803 <INT-BEARING-DEPOSITS> 4,061,752 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 8,108,313 <INVESTMENTS-CARRYING> 7,862,987 <INVESTMENTS-MARKET> 7,711,932 <LOANS> 36,572,993 <ALLOWANCE> 254,300 <TOTAL-ASSETS> 59,324,459 <DEPOSITS> 33,872,182 <SHORT-TERM> 7,000,000 <LIABILITIES-OTHER> 861,508 <LONG-TERM> 12,288,486 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,361 <OTHER-SE> 5,299,922 <TOTAL-LIABILITIES-AND-EQUITY> 59,324,459 <INTEREST-LOAN> 820,152 <INTEREST-INVEST> 230,610 <INTEREST-OTHER> 65,765 <INTEREST-TOTAL> 1,116,527 <INTEREST-DEPOSIT> 369,546 <INTEREST-EXPENSE> 656,272 <INTEREST-INCOME-NET> 460,255 <LOAN-LOSSES> 28,104 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 365,641 <INCOME-PRETAX> 143,247 <INCOME-PRE-EXTRAORDINARY> 143,247 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 88,247 <EPS-PRIMARY> .45 <EPS-DILUTED> .45 <YIELD-ACTUAL> 0 <LOANS-NON> 178,086 <LOANS-PAST> 178,086 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 262,800 <CHARGE-OFFS> 39,250 <RECOVERIES> 2,646 <ALLOWANCE-CLOSE> 254,300 <ALLOWANCE-DOMESTIC> 254,300 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 177,500