<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/A FOR THE PERIOD ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN IT'S ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 1,657,496 <INT-BEARING-DEPOSITS> 1,029,709 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 7,088 <INVESTMENTS-MARKET> 7,088 <LOANS> 76,076,829 <ALLOWANCE> 409,661 <TOTAL-ASSETS> 81,806,355 <DEPOSITS> 43,586,452 <SHORT-TERM> 0 <LIABILITIES-OTHER> 1,179,711 <LONG-TERM> 23,527,195 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 16,313 <OTHER-SE> 13,486,684 <TOTAL-LIABILITIES-AND-EQUITY> 81,806,355 <INTEREST-LOAN> 1,623,959 <INTEREST-INVEST> 125 <INTEREST-OTHER> 49,418 <INTEREST-TOTAL> 1,673,602 <INTEREST-DEPOSIT> 402,941 <INTEREST-EXPENSE> 769,759 <INTEREST-INCOME-NET> 903,843 <LOAN-LOSSES> 18,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 626,428 <INCOME-PRETAX> 443,822 <INCOME-PRE-EXTRAORDINARY> 284,822 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 284,822 <EPS-PRIMARY> .23 <EPS-DILUTED> .22 <YIELD-ACTUAL> 0 <LOANS-NON> 329,427 <LOANS-PAST> 908,166 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 391,148 <CHARGE-OFFS> 0 <RECOVERIES> 513 <ALLOWANCE-CLOSE> 409,661 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0