<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
CONSOLIDATED  FINANCIAL STATEMENTS OF HORIZON FINANCIAL SERVICES CORPORATION FOR
THE QUARTERLY  PERIOD ENDED  SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                    1,000   
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-END>                               SEP-30-1998
<CASH>                                               5,686
<INT-BEARING-DEPOSITS>                                   0
<FED-FUNDS-SOLD>                                         0
<TRADING-ASSETS>                                         0
<INVESTMENTS-HELD-FOR-SALE>                         22,388
<INVESTMENTS-CARRYING>                                   0
<INVESTMENTS-MARKET>                                     0
<LOANS>                                             55,136
<ALLOWANCE>                                            384
<TOTAL-ASSETS>                                      86,558
<DEPOSITS>                                          57,110
<SHORT-TERM>                                        20,472
<LIABILITIES-OTHER>                                    443
<LONG-TERM>                                              0
<COMMON>                                                10
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<OTHER-SE>                                           8,523
<TOTAL-LIABILITIES-AND-EQUITY>                      86,558
<INTEREST-LOAN>                                      1,191
<INTEREST-INVEST>                                      382
<INTEREST-OTHER>                                        78
<INTEREST-TOTAL>                                     1,651
<INTEREST-DEPOSIT>                                     691
<INTEREST-EXPENSE>                                     961
<INTEREST-INCOME-NET>                                  690
<LOAN-LOSSES>                                           24
<SECURITIES-GAINS>                                  (1,308)
<EXPENSE-OTHER>                                        501
<INCOME-PRETAX>                                     (1,014)
<INCOME-PRE-EXTRAORDINARY>                          (1,014)
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                          (641)
<EPS-PRIMARY>                                         (.75)
<EPS-DILUTED>                                         (.73)
<YIELD-ACTUAL>                                        8.08
<LOANS-NON>                                          1,151
<LOANS-PAST>                                             0
<LOANS-TROUBLED>                                         0
<LOANS-PROBLEM>                                        105
<ALLOWANCE-OPEN>                                       348
<CHARGE-OFFS>                                           10
<RECOVERIES>                                            22
<ALLOWANCE-CLOSE>                                      384
<ALLOWANCE-DOMESTIC>                                   384
<ALLOWANCE-FOREIGN>                                      0
<ALLOWANCE-UNALLOCATED>                                 23
        

</TABLE>