<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY
REPORT ON FORM 10-QSB FOR THE FISCAL  YEAR ENDED JUEN 30, 1999 AND IS  QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                             Jun-30-1999
<PERIOD-END>                                  Sep-30-1998
<CASH>                                            128,474
<INT-BEARING-DEPOSITS>                          1,172,950
<FED-FUNDS-SOLD>                                2,675,000
<TRADING-ASSETS>                                        0
<INVESTMENTS-HELD-FOR-SALE>                     1,510,517
<INVESTMENTS-CARRYING>                                  0
<INVESTMENTS-MARKET>                            3,020,047
<LOANS>                                        15,146,387
<ALLOWANCE>                                      (138,417)
<TOTAL-ASSETS>                                 24,167,870
<DEPOSITS>                                     14,951,918
<SHORT-TERM>                                    1,750,000
<LIABILITIES-OTHER>                               436,900
<LONG-TERM>                                             0
<PREFERRED-MANDATORY>                               4,933
<PREFERRED>                                             0
<COMMON>                                                0
<OTHER-SE>                                      4,543,776
<TOTAL-LIABILITIES-AND-EQUITY>                 24,167,870
<INTEREST-LOAN>                                   358,379
<INTEREST-INVEST>                                 113,559
<INTEREST-OTHER>                                        0
<INTEREST-TOTAL>                                  471,938
<INTEREST-DEPOSIT>                                173,512
<INTEREST-EXPENSE>                                 24,721
<INTEREST-INCOME-NET>                             273,705
<LOAN-LOSSES>                                       5,000
<SECURITIES-GAINS>                                      0
<EXPENSE-OTHER>                                   144,327
<INCOME-PRETAX>                                   131,104
<INCOME-PRE-EXTRAORDINARY>                        131,104
<EXTRAORDINARY>                                         0
<CHANGES>                                         (61,602)
<NET-INCOME>                                       69,502
<EPS-PRIMARY>                                        0.14
<EPS-DILUTED>                                        0.14
<YIELD-ACTUAL>                                          0
<LOANS-NON>                                             0
<LOANS-PAST>                                            0
<LOANS-TROUBLED>                                        0
<LOANS-PROBLEM>                                         0
<ALLOWANCE-OPEN>                                 (133,417)
<CHARGE-OFFS>                                      (5,000)
<RECOVERIES>                                            0
<ALLOWANCE-CLOSE>                                (138,417)
<ALLOWANCE-DOMESTIC>                             (138,417)
<ALLOWANCE-FOREIGN>                                     0
<ALLOWANCE-UNALLOCATED>                                 0
        


</TABLE>