<TABLE> <S> <C>

<ARTICLE>                9
<LEGEND>
THE SCHEDULE  CONTAINS SUMMARY FINANCIAL  INFORMATION  EXTRACTED FROM THE ANNUAL
REPORT ON FORM 10-KSB FOR THE FISCAL YEAR ENDED JUNE 30,1998 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                                 Jun-30-1998
<PERIOD-END>                                      Jun-30-1998
<CASH>                                                206,303
<INT-BEARING-DEPOSITS>                              2,071,076
<FED-FUNDS-SOLD>                                    4,570,744
<TRADING-ASSETS>                                            0
<INVESTMENTS-HELD-FOR-SALE>                                 0
<INVESTMENTS-CARRYING>                                283,715
<INVESTMENTS-MARKET>                                  291,212
<LOANS>                                            62,042,464
<ALLOWANCE>                                          (278,000)
<TOTAL-ASSETS>                                     70,541,017
<DEPOSITS>                                         54,018,148
<SHORT-TERM>                                                0
<LIABILITIES-OTHER>                                 2,256,585
<LONG-TERM>                                                 0
<PREFERRED-MANDATORY>                                       0
<PREFERRED>                                                 0
<COMMON>                                               10,117
<OTHER-SE>                                         14,256,167
<TOTAL-LIABILITIES-AND-EQUITY>                     70,541,017
<INTEREST-LOAN>                                     4,680,659
<INTEREST-INVEST>                                     108,516
<INTEREST-OTHER>                                      292,130
<INTEREST-TOTAL>                                    5,081,305
<INTEREST-DEPOSIT>                                  2,679,815
<INTEREST-EXPENSE>                                  2,722,536
<INTEREST-INCOME-NET>                               2,358,769
<LOAN-LOSSES>                                           8,000
<SECURITIES-GAINS>                                          0
<EXPENSE-OTHER>                                     1,596,899
<INCOME-PRETAX>                                       847,053
<INCOME-PRE-EXTRAORDINARY>                            847,053
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                          517,833
<EPS-PRIMARY>                                               0
<EPS-DILUTED>                                               0
<YIELD-ACTUAL>                                           3.55
<LOANS-NON>                                            25,000
<LOANS-PAST>                                          488,000
<LOANS-TROUBLED>                                            0
<LOANS-PROBLEM>                                             0
<ALLOWANCE-OPEN>                                     (270,000)
<CHARGE-OFFS>                                               0
<RECOVERIES>                                                0
<ALLOWANCE-CLOSE>                                    (278,000)
<ALLOWANCE-DOMESTIC>                                 (278,000)
<ALLOWANCE-FOREIGN>                                         0
<ALLOWANCE-UNALLOCATED>                                     0
        

</TABLE>