WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 9 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 118,776 <INT-BEARING-DEPOSITS> 1,816,305 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 9,145,567 <INVESTMENTS-MARKET> 8,992,667 <LOANS> 32,796,823 <ALLOWANCE> 255,680 <TOTAL-ASSETS> 44,489,893 <DEPOSITS> 35,088,963 <SHORT-TERM> 0 <LIABILITIES-OTHER> 130,891 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 45,297 <OTHER-SE> 9,224,742 <TOTAL-LIABILITIES-AND-EQUITY> 44,489,893 <INTEREST-LOAN> 1,334,754 <INTEREST-INVEST> 305,126 <INTEREST-OTHER> 55,010 <INTEREST-TOTAL> 1,694,890 <INTEREST-DEPOSIT> 837,722 <INTEREST-EXPENSE> 844,989 <INTEREST-INCOME-NET> 849,901 <LOAN-LOSSES> 18,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 518,442 <INCOME-PRETAX> 334,469 <INCOME-PRE-EXTRAORDINARY> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 218,069 <EPS-BASIC> .52 <EPS-DILUTED> .50 <YIELD-ACTUAL> 3.86 <LOANS-NON> 725,000 <LOANS-PAST> 11,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 250,865 <CHARGE-OFFS> 13,185 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 255,680 <ALLOWANCE-DOMESTIC> 255,680 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0