<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SCHEDULE
10QSB DATED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                       2,361,475
<INT-BEARING-DEPOSITS>                      11,155,301
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    721,070
<INVESTMENTS-CARRYING>                      13,120,499
<INVESTMENTS-MARKET>                        13,371,070
<LOANS>                                     62,809,074
<ALLOWANCE>                                    502,884
<TOTAL-ASSETS>                              99,723,980
<DEPOSITS>                                  64,278,462
<SHORT-TERM>                                   403,909
<LIABILITIES-OTHER>                            859,501
<LONG-TERM>                                 21,156,961
<PREFERRED-MANDATORY>                                0 
<PREFERRED>                                          0
<COMMON>                                         7,857
<OTHER-SE>                                  12,693,668
<TOTAL-LIABILITIES-AND-EQUITY>              99,723,980
<INTEREST-LOAN>                              1,368,685
<INTEREST-INVEST>                              255,963
<INTEREST-OTHER>                               199,319
<INTEREST-TOTAL>                             1,823,967
<INTEREST-DEPOSIT>                             696,669
<INTEREST-EXPENSE>                           1,009,641
<INTEREST-INCOME-NET>                          814,326
<LOAN-LOSSES>                                   15,000
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                                 97,516
<INCOME-PRETAX>                                176,234
<INCOME-PRE-EXTRAORDINARY>                     176,234
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   143,534
<EPS-PRIMARY>                                      .20
<EPS-DILUTED>                                      .20
<YIELD-ACTUAL>                                    7.83
<LOANS-NON>                                    520,818
<LOANS-PAST>                                    39,837
<LOANS-TROUBLED>                               209,249
<LOANS-PROBLEM>                                231,435
<ALLOWANCE-OPEN>                               489,361
<CHARGE-OFFS>                                    2,132
<RECOVERIES>                                       655
<ALLOWANCE-CLOSE>                              502,884
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        502,884