<ARTICLE> 9
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                           2,995
<INT-BEARING-DEPOSITS>                           9,217
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     20,918
<INVESTMENTS-CARRYING>                          20,918
<INVESTMENTS-MARKET>                            20,918
<LOANS>                                        286,678
<ALLOWANCE>                                      2,062
<TOTAL-ASSETS>                                 413,511
<DEPOSITS>                                     563,113
<SHORT-TERM>                                    18,500
<LIABILITIES-OTHER>                              3,300
<LONG-TERM>                                     97,073
<PREFERRED-MANDATORY>                           31,525
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITIES-AND-EQUITY>                 413,511
<INTEREST-LOAN>                                 11,893
<INTEREST-INVEST>                                4,273
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                                16,166
<INTEREST-DEPOSIT>                               7,662
<INTEREST-EXPENSE>                              10,919
<INTEREST-INCOME-NET>                            5,247
<LOAN-LOSSES>                                      440
<SECURITIES-GAINS>                                 (8)
<EXPENSE-OTHER>                                    533
<INCOME-PRETAX>                                  2,087
<INCOME-PRE-EXTRAORDINARY>                       2,087
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,359
<EPS-PRIMARY>                                     0.50
<EPS-DILUTED>                                     0.46
<YIELD-ACTUAL>                                    8.50
<LOANS-NON>                                        366
<LOANS-PAST>                                        60
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,762
<CHARGE-OFFS>                                      155
<RECOVERIES>                                        15
<ALLOWANCE-CLOSE>                                2,062
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          2,062