<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY
REPORT ON FORM 10-QSB FOR THE QUARTER  ENDED June 30, 1998 AND IS  QUALIFIED  IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                         1
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               JUN-30-1998
<CASH>                                       6,610,010
<INT-BEARING-DEPOSITS>                       2,452,000
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  3,775,354
<INVESTMENTS-CARRYING>                       2,970,484
<INVESTMENTS-MARKET>                                 0
<LOANS>                                    162,355,632
<ALLOWANCE>                                          0
<TOTAL-ASSETS>                             183,229,864
<DEPOSITS>                                 137,158,660
<SHORT-TERM>                                 3,000,000
<LIABILITIES-OTHER>                          2,159,625
<LONG-TERM>                                 15,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        25,689
<OTHER-SE>                                  25,791,566
<TOTAL-LIABILITIES-AND-EQUITY>             183,229,864
<INTEREST-LOAN>                              3,434,030
<INTEREST-INVEST>                               66,967
<INTEREST-OTHER>                                50,360
<INTEREST-TOTAL>                             3,551,357
<INTEREST-DEPOSIT>                           1,538,624
<INTEREST-EXPENSE>                           1,815,029
<INTEREST-INCOME-NET>                        1,736,328
<LOAN-LOSSES>                                   75,000
<SECURITIES-GAINS>                              99,174
<EXPENSE-OTHER>                              1,173,808
<INCOME-PRETAX>                                882,768
<INCOME-PRE-EXTRAORDINARY>                     882,768
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   506,360
<EPS-PRIMARY>                                      .20
<EPS-DILUTED>                                      .19
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                  1,955,000
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                     0
<CHARGE-OFFS>                                        0
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                    0
<ALLOWANCE-DOMESTIC>                                 0
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0
        

</TABLE>