<ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-END> DEC-31-1996 <CASH> 814,904 <INT-BEARING-DEPOSITS> 5,780,393 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 23,910,598 <INVESTMENTS-CARRYING> 40,699,780 <INVESTMENTS-MARKET> 41,010,178 <LOANS> 96,332,115 <ALLOWANCE> 1,413,666 <TOTAL-ASSETS> 176,486,743 <DEPOSITS> 151,265,951 <SHORT-TERM> 10,000,000 <LIABILITIES-OTHER> 1,441,287 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 13,779,505 <TOTAL-LIABILITIES-AND-EQUITY> 176,486,743 <INTEREST-LOAN> 3,869,580 <INTEREST-INVEST> 2,229,847 <INTEREST-OTHER> 263,226 <INTEREST-TOTAL> 6,362,653 <INTEREST-DEPOSIT> 3,757,994 <INTEREST-EXPENSE> 4,097,920 <INTEREST-INCOME-NET> 2,264,733 <LOAN-LOSSES> 143,324 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 3,173,276 <INCOME-PRETAX> (931,686) <INCOME-PRE-EXTRAORDINARY> (539,836) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (539,836) <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <YIELD-ACTUAL> 7.58 <LOANS-NON> 568,356 <LOANS-PAST> 310,364 <LOANS-TROUBLED> 289,957 <LOANS-PROBLEM> 3,646,706 <ALLOWANCE-OPEN> 1,283,234 <CHARGE-OFFS> 12,892 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,413,666 <ALLOWANCE-DOMESTIC> 1,352,206 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 61,460