<ARTICLE> 9 <MULTIPLIER> 1 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,297,238 <INT-BEARING-DEPOSITS> 5,182,905 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 11,415,646 <INVESTMENTS-CARRYING> 3,529,033 <INVESTMENTS-MARKET> 0 <LOANS> 86,131,345 <ALLOWANCE> 834,001 <TOTAL-ASSETS> 115,229,190 <DEPOSITS> 78,655,812 <SHORT-TERM> 15,420,000 <LIABILITIES-OTHER> 1,811,056 <LONG-TERM> 10,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,148,960 <OTHER-SE> 5,187,749 <TOTAL-LIABILITIES-AND-EQUITY> 115,229,190 <INTEREST-LOAN> 1,739,899 <INTEREST-INVEST> 394,921 <INTEREST-OTHER> 24,864 <INTEREST-TOTAL> 2,159,684 <INTEREST-DEPOSIT> 968,313 <INTEREST-EXPENSE> 1,442,675 <INTEREST-INCOME-NET> 717,009 <LOAN-LOSSES> 46,050 <SECURITIES-GAINS> (7,756) <EXPENSE-OTHER> 649,179 <INCOME-PRETAX> 296,180 <INCOME-PRE-EXTRAORDINARY> 192,517 <EXTRAORDINARY> (225,488) <CHANGES> 0 <NET-INCOME> (32,971) <EPS-PRIMARY> (0.04) <EPS-DILUTED> (0.04) <YIELD-ACTUAL> 8.000 <LOANS-NON> 1,542,028 <LOANS-PAST> 88,338 <LOANS-TROUBLED> 615,195 <LOANS-PROBLEM> 1,530,717 <ALLOWANCE-OPEN> 788,145 <CHARGE-OFFS> 0 <RECOVERIES> 194 <ALLOWANCE-CLOSE> 834,001 <ALLOWANCE-DOMESTIC> 157,096 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 676,905