<ARTICLE> 9 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> JUN-30-1998 <CASH> 622 <INT-BEARING-DEPOSITS> 3,926 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 47,649 <INVESTMENTS-CARRYING> 10,396 <INVESTMENTS-MARKET> 10,378 <LOANS> 65,785 <ALLOWANCE> 263 <TOTAL-ASSETS> 133,326 <DEPOSITS> 79,007 <SHORT-TERM> 39,500 <LIABILITIES-OTHER> 1,344 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11 <OTHER-SE> 13,464 <TOTAL-LIABILITIES-AND-EQUITY> 133,326 <INTEREST-LOAN> 1,307 <INTEREST-INVEST> 853 <INTEREST-OTHER> 65 <INTEREST-TOTAL> 2,225 <INTEREST-DEPOSIT> 980 <INTEREST-EXPENSE> 1,438 <INTEREST-INCOME-NET> 787 <LOAN-LOSSES> 15 <SECURITIES-GAINS> 13 <EXPENSE-OTHER> 613 <INCOME-PRETAX> 288 <INCOME-PRE-EXTRAORDINARY> 288 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 186 <EPS-PRIMARY> .24 <EPS-DILUTED> .23 <YIELD-ACTUAL> 7.17 <LOANS-NON> 181 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 490 <ALLOWANCE-OPEN> 248 <CHARGE-OFFS> 15 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 263 <ALLOWANCE-DOMESTIC> 167 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 96