<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  DERIVED FROM THE
QUARTERLY REPORT ON FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL INFORMATION.
</LEGEND>

<MULTIPLIER>                                   1
       
<S>                                            <C>
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-END>                                   SEP-30-1998
<CASH>                                             28,127
<INT-BEARING-DEPOSITS>                          1,546,749
<FED-FUNDS-SOLD>                                        0
<TRADING-ASSETS>                                        0
<INVESTMENTS-HELD-FOR-SALE>                    43,418,844
<INVESTMENTS-CARRYING>                         43,418,844 
<INVESTMENTS-MARKET>                           43,418,844
<LOANS>                                        31,760,766
<ALLOWANCE>                                       260,013
<TOTAL-ASSETS>                                 79,645,489
<DEPOSITS>                                     47,252,895   
<SHORT-TERM>                                    1,200,000
<LIABILITIES-OTHER>                             1,391,599
<LONG-TERM>                                    18,910,503
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                          112,500
<OTHER-SE>                                     10,777,992
<TOTAL-LIABILITIES-AND-EQUITY>                 79,645,489
<INTEREST-LOAN>                                   641,331
<INTEREST-INVEST>                                 695,080
<INTEREST-OTHER>                                   36,968
<INTEREST-TOTAL>                                1,373,379
<INTEREST-DEPOSIT>                                657,412
<INTEREST-EXPENSE>                                931,787
<INTEREST-INCOME-NET>                             441,592
<LOAN-LOSSES>                                       9,000
<SECURITIES-GAINS>                                 21,828
<EXPENSE-OTHER>                                   400,044
<INCOME-PRETAX>                                    87,330
<INCOME-PRE-EXTRAORDINARY>                         87,330
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                       52,905
<EPS-PRIMARY>                                         .07
<EPS-DILUTED>                                         .07
<YIELD-ACTUAL>                                       2.29
<LOANS-NON>                                             0
<LOANS-PAST>                                  394,392,709  
<LOANS-TROUBLED>                                        0    
<LOANS-PROBLEM>                                         0
<ALLOWANCE-OPEN>                                  251,013
<CHARGE-OFFS>                                           0
<RECOVERIES>                                            0
<ALLOWANCE-CLOSE>                                 260,013
<ALLOWANCE-DOMESTIC>                              260,013
<ALLOWANCE-FOREIGN>                               260,013
<ALLOWANCE-UNALLOCATED>                            52,689
        


</TABLE>