<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 DECEMBER 31, 1997 AND IS QUALIFIED IN IT'S ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 1,864,492 <INT-BEARING-DEPOSITS> 906,266 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 9,763 <INVESTMENTS-MARKET> 9,763 <LOANS> 72,158,662 <ALLOWANCE> 331,634 <TOTAL-ASSETS> 77,443,563 <DEPOSITS> 42,358,441 <SHORT-TERM> 4,499,688 <LIABILITIES-OTHER> 862,204 <LONG-TERM> 16,663,279 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,830 <OTHER-SE> 13,045,121 <TOTAL-LIABILITIES-AND-EQUITY> 77,443,563 <INTEREST-LOAN> 3,120,736 <INTEREST-INVEST> 365 <INTEREST-OTHER> 102,977 <INTEREST-TOTAL> 3,224,078 <INTEREST-DEPOSIT> 791,560 <INTEREST-EXPENSE> 1,456,317 <INTEREST-INCOME-NET> 1,767,761 <LOAN-LOSSES> 40,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,109,250 <INCOME-PRETAX> 923,940 <INCOME-PRE-EXTRAORDINARY> 598,940 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 598,940 <EPS-PRIMARY> 0.48 <EPS-DILUTED> 0.47 <YIELD-ACTUAL> 0 <LOANS-NON> 16,321 <LOANS-PAST> 630,709 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 302,903 <CHARGE-OFFS> 12,241 <RECOVERIES> 972 <ALLOWANCE-CLOSE> 331,634 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0