<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 554 <INT-BEARING-DEPOSITS> 1,682 <FED-FUNDS-SOLD> 5,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 100 <INVESTMENTS-MARKET> 100 <LOANS> 167,728 <ALLOWANCE> 3,133 <TOTAL-ASSETS> 209,942 <DEPOSITS> 124,420 <SHORT-TERM> 17,400 <LIABILITIES-OTHER> 3,591 <LONG-TERM> 39,144 <COMMON> 16 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 25,371 <TOTAL-LIABILITIES-AND-EQUITY> 209,942 <INTEREST-LOAN> 3,244 <INTEREST-INVEST> 513 <INTEREST-OTHER> 146 <INTEREST-TOTAL> 3,903 <INTEREST-DEPOSIT> 1,500 <INTEREST-EXPENSE> 2,382 <INTEREST-INCOME-NET> 1,521 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 2,083 <INCOME-PRETAX> (401) <INCOME-PRE-EXTRAORDINARY> (401) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (271) <EPS-PRIMARY> ($0.19) <EPS-DILUTED> ($0.19) <YIELD-ACTUAL> 2.97 <LOANS-NON> 80 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 826 <ALLOWANCE-OPEN> 3,138 <CHARGE-OFFS> 5 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 3,133 <ALLOWANCE-DOMESTIC> 1,736 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,397