<ARTICLE> 9 <LEGEND> THE FOLLOWING SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN THE REGISTRANT'S QUARTERLY REPORT ON FORM 10-QSB FOR THE PERIOD ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,534,687 <INT-BEARING-DEPOSITS> 2,177,747 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 10,609 <INVESTMENTS-MARKET> 10,609 <LOANS> 70,859,756 <ALLOWANCE> 316,142 <TOTAL-ASSETS> 77,014,079 <DEPOSITS> 41,925,450 <SHORT-TERM> 4,000,000 <LIABILITIES-OTHER> 1,088,177 <LONG-TERM> 17,260,709 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,830 <OTHER-SE> 12,724,913 <TOTAL-LIABILITIES-AND-EQUITY> 77,014,079 <INTEREST-LOAN> 1,539,707 <INTEREST-INVEST> 190 <INTEREST-OTHER> 47,588 <INTEREST-TOTAL> 1,587,485 <INTEREST-DEPOSIT> 391,609 <INTEREST-EXPENSE> 715,331 <INTEREST-INCOME-NET> 872,154 <LOAN-LOSSES> 25,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 539,318 <INCOME-PRETAX> 449,520 <INCOME-PRE-EXTRAORDINARY> 290,520 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 290,520 <EPS-PRIMARY> 0.24 <EPS-DILUTED> 0.24 <YIELD-ACTUAL> 0 <LOANS-NON> 16,589 <LOANS-PAST> 769,006 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 302,903 <CHARGE-OFFS> 12,241 <RECOVERIES> 480 <ALLOWANCE-CLOSE> 316,142 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0