<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
QUARTERLY REPORT ON FORM 10-QSB FOR THE SIX MONTHS ENDED DECEMBER 31, 1996 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       4,605,506
<INT-BEARING-DEPOSITS>                       7,605,968
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                               921,570
<INVESTMENTS-HELD-FOR-SALE>                 58,180,261
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    299,860,183
<ALLOWANCE>                                (2,780,720)
<TOTAL-ASSETS>                             388,529,394
<DEPOSITS>                                 285,356,353
<SHORT-TERM>                                37,147,466
<LIABILITIES-OTHER>                          4,951,571
<LONG-TERM>                                 27,500,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        21,240
<OTHER-SE>                                  33,552,764
<TOTAL-LIABILITIES-AND-EQUITY>             388,529,394
<INTEREST-LOAN>                             12,527,641
<INTEREST-INVEST>                            1,612,451
<INTEREST-OTHER>                               465,542
<INTEREST-TOTAL>                            14,605,634
<INTEREST-DEPOSIT>                           7,199,249
<INTEREST-EXPENSE>                           9,466,206
<INTEREST-INCOME-NET>                        5,139,428
<LOAN-LOSSES>                                  777,000
<SECURITIES-GAINS>                              47,326
<EXPENSE-OTHER>                              6,030,153
<INCOME-PRETAX>                              (757,465)
<INCOME-PRE-EXTRAORDINARY>                   (757,465)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (471,965)
<EPS-PRIMARY>                                   (0.25)
<EPS-DILUTED>                                   (0.25)
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                  1,231,786
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                               635,860
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                           (2,670,322)
<CHARGE-OFFS>                                  808,338
<RECOVERIES>                                 (141,736)
<ALLOWANCE-CLOSE>                          (2,780,720)
<ALLOWANCE-DOMESTIC>                       (2,780,720)
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0