<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
consolidated  condensed  statement of financial  condition and the  consolidated
condensed  statement  of income and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<MULTIPLIER>                                   1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              MAY-31-1998
<PERIOD-START>                                 MAY-31-1997
<PERIOD-END>                                   MAY-31-1998
<CASH>                                              10,185
<INT-BEARING-DEPOSITS>                               1,005
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                        163,425
<INVESTMENTS-CARRYING>                               7,324
<INVESTMENTS-MARKET>                                 7,277
<LOANS>                                            196,940
<ALLOWANCE>                                          1,513
<TOTAL-ASSETS>                                     410,394
<DEPOSITS>                                         222,722
<SHORT-TERM>                                        27,190
<LIABILITIES-OTHER>                                 11,483
<LONG-TERM>                                         62,850
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                            63,452
<OTHER-SE>                                          22,697
<TOTAL-LIABILITIES-AND-EQUITY>                     410,394
<INTEREST-LOAN>                                     13,964
<INTEREST-INVEST>                                    9,606
<INTEREST-OTHER>                                       207
<INTEREST-TOTAL>                                    23,777
<INTEREST-DEPOSIT>                                   7,221
<INTEREST-EXPENSE>                                   9,972
<INTEREST-INCOME-NET>                               13,805
<LOAN-LOSSES>                                          592
<SECURITIES-GAINS>                                     742
<EXPENSE-OTHER>                                     13,187
<INCOME-PRETAX>                                      3,165
<INCOME-PRE-EXTRAORDINARY>                           3,165
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                         1,861
<EPS-PRIMARY>                                          .10
<EPS-DILUTED>                                          .10
<YIELD-ACTUAL>                                        7.74
<LOANS-NON>                                            885
<LOANS-PAST>                                           133
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                        631
<ALLOWANCE-OPEN>                                     1,232
<CHARGE-OFFS>                                          325
<RECOVERIES>                                            14
<ALLOWANCE-CLOSE>                                    1,513
<ALLOWANCE-DOMESTIC>                                 1,513
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                  0
        

</TABLE>